Bittensor hit by $410,000 long liquidations: TAO remains under pressure

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Bittensor drops 9.69% to $187.4 today

Highlights

TAO recorded $410,000 in long liquidations on major exchanges on November 14, increasing liquidity-driven downward pressure with no short liquidations.
Bittensor ranked 39th by market capitalization at $2.26 billion, with $2.70 million in real customer spending from nearly 2,400 billed users tied to decentralized AI subnets.
TAO trades below key moving averages with strong sell momentum and is forecast to move within $176.44 to $198.36 over the next 2 to 3 trading days.

Long liquidations on major exchanges drive liquidity crunch

On November 14, 2026, TAO faced $410,000 in long liquidations across Binance, Bybit, and OKX, with no short liquidations reported, intensifying sell pressure and contributing to an acute liquidity-driven decline, according to Tokenpost. As of the same date, Bittensor ranked 39th by market capitalization at around $2.26 billion, reflecting its standing among leading digital assets. Meanwhile, Bittensor’s decentralized AI subnets recorded $2.70 million in real customer spending from nearly 2,400 billed users on November 13, with the network engaging major partners like Tencent through Subnet 64, according to Martyau79 Substack.

Sell momentum prevails as mixed technicals cap upside

On the technical front, TAO/USD is trading below its MA-20 and MA-50 on the hourly chart, and remains under pressure beneath the daily MA-200. Resistance is defined by the Ichimoku Kijun level at $194.65. MACD and ADX both point to strong sell signals, while Bull/Bear Power is slightly negative, indicating intraday seller dominance. RSI and CCI readings are neutral, the Awesome Oscillator is neutral, and Stoch RSI stands in the overbought zone, warning of short-term overheating rather than a clear reversal. This mix of momentum readings highlights conflicting signals, though sellers retain the upper hand for now.

Sideways trading expected as resistance and support tighten

Over the next 2–3 trading days, TAO is expected to trade between $176.44 and $198.36, representing a typical volatility band relative to current levels. The base scenario anticipates continued sideways action within this range. Upside probability is currently pegged at only 24%. A break above resistance at $194.65 could trigger a bullish move; conversely, a fall below $176.44 may accelerate renewed selling pressure.

Anton Kharitonov, expert at Traders Union, sees Bittensor weighed down by technical and liquidity risks. Forced liquidations and persistent sell signals point to weak short-term sentiment, despite clear growth in real network usage and partnerships. Conflicting momentum readings keep the outlook defensive. "As long as TAO stays under resistance at $194.65, my base case remains sideways to lower — I need a stronger reversal signal before considering the upside."

Earlier, analysts noted that Bittensor was experiencing persistent downside momentum amid technical weakness and recent network developments. The current article confirms this negative bias, with intensified liquidation activity and dominant selling pressure suggesting that a sustained move below $176.44 could prompt further declines in the near term.

Source of Data: TAO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.