Bittensor (TAO) jumps 15% as open interest tops $210 million and breaks key resistance

Bittensor's TAO token climbed 15% in 24 hours, becoming one of the strongest performers as buyers took control in both spot and derivatives markets. Open interest in TAO futures exceeded $210 million, reaching its highest level since early January and aligning with visible whale accumulation. With price breaking above $212.62 and holding over the 50-day EMA, bulls are eyeing the imbalance area near $262 as a potential next target.