Here’s Where Bittensor (TAO) Price Is Headed in the Next 24–48 Hours

Bittensor price is still trying to find its footing after a tough August. The token dropped hard from the highs near $461 earlier this month, sliding all the way down to around $316 before catching a bounce

Right now, TAO is trading close to $335, but the market still looks shaky. Volatility is high, and the price action feels undecided, which makes the next 24–48 hours critical.

What the TAO Chart Is Showing

Looking at the 4H chart, the picture is clear: TAO price has been stuck in a wide range. Buyers keep stepping in around $316–$320, defending that zone every time the price dips there

On the other hand, rallies are getting capped quickly at the $372–$376 area, which has turned into firm resistance.

Image Source: Coinank

That leaves TAO price hopping between $330 and $350. If bulls can manage a clean close above $350, that would be an early win and could set up a retest of the $375 area. But if price slips back under $316, the next likely stop is the psychological $300–$305 range.

Market Indicators for TAO Price

Volume on this bounce is lighter compared to the selloff, which shows the recovery doesn’t have much conviction yet

Open interest has cooled, sitting around 164K, which means traders aren’t piling in with leverage right now.

The positioning is still tilted bearish. Net longs have been sliding (around -205K), while net shorts are higher at about 240K

That explains the cautious mood in the market. But it also means if TAO price breaks through resistance near $350–$360, shorts could get squeezed, fueling a sharp move higher.

Read Also: Raydium (RAY) Price Ready for Short-Term Rally as Key Resistance Gives Way

Short-Term Outlook for the Next 24–48 Hours

In the immediate term, TAO looks set to keep ranging between $316 and $375. If bulls can keep price above $330–$332, they’ll have a shot at testing $350 again

A breakout above $350 could push price toward $375, and if that level finally cracks with good volume, TAO could stretch quickly into the $395–$405 zone.

On the flip side, if Bittensor price loses $330, expect another retest of $316. A breakdown below that level would hand control to the bears and could drag the price down toward $300 before buyers show up again.

Right now, it’s all about watching the range. Above $375, things start looking bullish again. Below $316, bears are back in charge. Until then, it’s just a waiting game.

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The post Here’s Where Bittensor (TAO) Price Is Headed in the Next 24–48 Hours appeared first on CaptainAltcoin.