Top Analyst Highlights Buy Signal for Altcoin as Price Dips to Key Support

In a June 6 post, van de Poppe reiterated his earlier call, stating that Bittensor (TAO) has reached a technical support level suitable for long-term accumulation.

TAO is trading around $369, down nearly 10% over the past week, according to CoinMarketCap. The token has seen strong volatility recently, dropping from above $400 on May 31 and forming a retracement structure.

On his chart, van de Poppe highlights a green “buy-the-dip” zone between $360–$375, a historically reactive area where prior demand sparked upward movement.

With TAO now re-entering that range, he suggests it offers a favorable risk-reward setup for buyers.

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TAO currently holds a market cap of $3.24 billion, with a 24-hour trading volume of $168 million—up 92%, signaling renewed interest. The circulating supply sits at 8.79 million TAO out of a 21 million max supply, giving it long-term scarcity potential.

Van de Poppe’s analysis suggests this pullback could present a strategic accumulation opportunity before the next potential breakout.

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