Bittensor price is showing renewed strength as it climbs above the $260 level, with improving momentum indicators hinting at a potential continuation of the recent recovery trend.

According to data from crypto.news, Bittensor ($TAO) price was trading around $263.19 at press time on May 1, up nearly 5.7% over the past 24 hours. The token has been consolidating between roughly $235 and $275 over the past week, stabilizing after a sharp rally earlier in April.