TAO is currently consolidating between $270 and $295, with traders closely monitoring for a breakout. The token's price is supported by a rising trendline, but resistance near $295-$300 has capped upward momentum. This consolidation phase mirrors Bitcoin's early cycle, suggesting potential post-halving acceleration. The market has seen repeated failures to breach the $295-$300 resistance, while dips toward $270 have been consistently bought, forming a strong demand floor. This pattern indicates absorption rather than distribution. Historical analysis shows TAO's trajectory resembles Bitcoin's first major cycle, with a similar three-phase pattern of expansion, peak, and consolidation. Traders are watching for a decisive move, as a breakdown below $270 could lead to a retest of the $245-$250 support zone, while a breakout above $295 could signal a bullish continuation. The upcoming TAO halving, expected around January 31, 2026, may further influence market dynamics, potentially leading to a post-halving rally similar to Bitcoin's historical patterns.