The Bittensor (TAO) price has struggled to break through the $357 resistance level, but the conditions for an ascending triangle pattern are becoming more apparent. This bullish pattern suggests a potential 79% rise for TAO if key levels can be flipped into support. The Sharpe Ratio, a measure of risk-adjusted returns, has been positive, indicating a buying opportunity and favorable market sentiment. The overall momentum for Bittensor is strong, with long contracts dominating shorts, indicating expectations for a price rise. If TAO can maintain support at $301, it could rise toward $357 and validate the bullish scenario. However, a drop below $263 would weaken the bullish trend and potentially lead to further losses.



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