- TAO forms a Power of Three pattern, with expansion aiming at the $350 level.
- Bearish analyst Captain Faibik flags key resistance on TAO’s daily channel top.
- TAO’s breakout from $211 support signals bullish strength ahead of channel test.
BitTensor (TAO) is displaying dual technical formations across timeframes that point to a structural shift. Analysts are closely watching its expansion pattern and the approaching upper resistance within a broader descending channel.
Three-Phase Market Formation Builds Expansion Case
The 12-hour TAO/USDT chart reveals a complete Power of Three setup: Accumulation, Manipulation, and Expansion. Each phase features clear boundaries and volume responses that define the evolving trend direction.
Market analyst Sjuul AltCryptoGems outlines the sequence forming on MEXC. From March 17 to April 5, TAO consolidated between $211 and $250 during the Accumulation phase. TAO price action showed compression candles, low volatility, and a firm base near $211 that later acted as demand.
On April 6–7, a deviation wick below $211 trapped short positions before price reclaimed the level. This marked the Manipulation phase, a classic liquidity sweep before bullish intent resumed.
TAO then broke above the prior range, entering the Expansion phase with higher highs and strong bullish candles. Price continues trending upward, targeting the next untested resistance near $350. Support at $211 remains unbroken, affirming strength behind the move. The $350 resistance ceiling now acts as the technical objective. This zone marks the top of the expansion range, with no prior rejection yet recorded.
Broader Channel Reflects Resistance Constraints
Bearish market analyst Captain Faibik examined TAO’s 1-day time frame, noting a well-defined descending channel in place since late 2023. He connects lower highs and lower lows to outline the sustained bearish structure.
TAO has respected this channel throughout, with each bullish attempt failing at the upper boundary. After rebounding from $180 in early April, the asset is once again approaching the top trendline. From the price reaction, he suggests the move holds significance, as prior attempts in February and March failed to close above this line. The macro pattern remains intact until a confirmed breakout occurs.
Support near $170–$180 continues to act as a base, prompting upward momentum with each retest. Faibik notes that a confirmed breakout could shift the market tone, placing the $550 zone as a key target.
