Technical analysis by MasterAnanda about Symbol TAO: Buy recommendation (7/19/2025)

Remember when I kept saying these are "conservative targets"? Why should we look for conservative targets when we know the market will do magic in the coming months? Why? Let's focus more on realistic targets, optimistic targets, strong targets, good targets, successful targets; higher is better, less is not more. We've been here many times before. I am happy and grateful to be able to count with your continued support. You can count with my analyses, great entry prices and timing. You can count with a unique market perspective 100% free of outside influences. I am not paid through USAID. 100% independent and everything you see is my mind, my soul, my heart and my spirit. It is my understanding of the market based on thousands of charts, thousands of publications, thousands of successful trades and more than a decade of experience. We are here to win and to trade. We trade to win, make no mistake. Bittensor's (TAO) bottom is in, a long-term double-bottom; the beauty of TA. A major low in August 2024. A new low in April 2025. The fact that these two happened at the same price is good news and it is already confirmed. Something as simple as the same level being hit twice helps us predict the future when it comes to the price of this, and others, trading pairs. With the bottom in we can focus on growth. TAOUSDT is still early considering the bigger picture because the action is still happening below its May 2025 high. But conditions are good, very good I should say, because TAOUSDT is trading daily above EMA55, EMA89 and EMA233, a long-term moving average. The break just happened days ago. If we are set to experience growth for 3-6 months, minimum, after this signal shows up, this opens the doors for prices much higher to what we've been considering in the past few months. $1,100 is a good target but an easy hit. Only 30% higher compared to the last major high in December 2024. $1,687 is the first strong resistance that TAO will face during its bull market bull-run. My bet is that it will break. Going higher, we can see TAO trading at $2,268 later this year and even higher, just below 3K. Now, this chart is very young so even while being optimistic we do not have enough data to project higher targets but there is no limit to how far-up a project can go during the price discovery phase. When we enter new all-time high territory and the final fifth (speculative) wave, all bets are off. You can aim for the moon or higher. Namaste.