- Captain Faibik flags a breakout aiming for $950–$1,000 if price holds above $385 support.
- Blockchain Bob notes TAO’s rebound now trades above pre-crash levels with higher targets discussed.
- Rand shows issuance halving to 3,600 daily as Grayscale advances Form 10 with the SEC.
TAO has shown strength after breaking out of a prolonged technical downtrend while major developments stack up around its supply and regulatory outlook. Analysts tracking the asset point to a confirmed upside move that follows months of compressed trading. The breakout has arrived weeks before the upcoming halving and alongside regulatory filings tied to a potential spot ETF.
Breakout Above Long-Term Resistance
Captain Faibik reported that TAO confirmed an upside breakout from a descending broadening wedge. The move took shape after the asset held its structure through mid-2024, when lower highs and lower lows created a wedge between two wide trendlines. The price then pushed above the upper boundary near $385 to $400 and continued to advance.
The asset now trades around $417.17, which is a sharp extension from the breakout zone. Faibik’s projection notes a potential upside of roughly 134.70 percent. That calculation comes from the swing low near $175 measured up to the breakout region.
The corresponding range places medium-term targets in the $950 to $1,000 band if momentum remains. However, the breakout level near $385 still stands as the key support. Any decline under that threshold could open a possible retrace toward $320 to $350.
Market Structure Adjusts After Crash Recovery
Blockchain Bob observed that TAO recovered faster than many assets after the recent crash. He noted that price action not only regained prior levels but now trades above pre-crash pricing.
That movement has fueled speculation around target ranges discussed by market participants. Bob referenced that if projections fall below $8,000, some traders consider them conservative.
The recovery also coincides with renewed buying interest following the wedge breakout. The price structure now shows expanding momentum rather than compressed action. That change has added weight to discussions around mid-term moves as attention shifts to upcoming supply changes.
Halving and ETF Filing
Rand pointed to the halving timeline as a central focus. He noted that daily issuance will be cut from 7,200 to 3,600 in less than 59 days. That reduction approaches as Grayscale completes Form 10 with the U.S. SEC for a TAO-related ETF filing. Rand commented that sentiment may not yet reflect those combined drivers.
The overlap of a confirmed breakout, reduced supply, and the regulatory filing has created fresh debate around price direction heading into late 2025. Analysts continue to track whether TAO holds above the breakout support as these developments move forward.
