Bittensor eyes gains, but market flips bearish: Will TAO head to $390 or $216?

Bittensor (TAO) fell below important support levels of $434 and $354, indicating potential bearish trends. Currently, TAO has recorded a 26.7% drop since reaching recent highs.

The recent increase in market volatility suggests a possible short-term bounce to $390; however, further declines may occur as market conditions remain bearish.

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