Bittensor (TAO) has experienced a strong rebound in price, approaching the key resistance zone of $302 to $312, which has been limiting its gains since the end of 2025. TAO recently increased by over 66% and tested $300, mainly driven by a 112% surge in social engagement and ecosystem developments such as the completion of Covenant-72B LLM training and Grayscale's TAO private trust. Although momentum indicators suggest a cautiously bullish outlook, a confirmed breakout above $312 is necessary to validate the potential to move toward the $400 to $500 range. If it fails to break through higher resistance levels, a pullback to the $240 to $260 range may occur.