TAO news: remains below long-term MA — momentum mixed with strong whale accumulation near $345
Bittensor (TAO) is currently trading at $332.40, holding above its MA-20 ($315.40) and MA-50 ($328.74), but remaining below the long-term MA-200 ($349.68). This structure suggests slight short-term strength and modest medium-term recovery, while persistent long-term bearish pressure remains in place.
Highlights
- Bittensor (TAO) trades at $332.40 above its MA-20 ($315.40) and MA-50 ($328.74), but remains below the MA-200 ($349.68), indicating persistent long-term bearish pressure.
- An unlock of over 1 billion TAO tokens is scheduled for October 13, 2025, with near-term sentiment shaped by 65% staking rates, whale accumulation at $345, and institutional interest from Grayscale.
- Short-term price action sees high volatility, with TAO rallying 7.5% intraday to close near $322.50, but weekly signals imply likely sideways movement between $340–$360 and a less than 20% chance of further upside.
Upcoming token unlock and whale activity heighten supply risks
A major token unlock of over 1 billion TAO is planned for October 13, 2025, which may significantly influence market supply and future price dynamics. Additional factors affecting sentiment include increased whale accumulation near $345, strong staking rates at 65%, and the ongoing growth of Bittensor's subnets, further supported by rising institutional interest from firms like Grayscale. Recent milestones such as regulatory progress, Ledger wallet integration, and the Coinbase listing have also contributed to active market participation.
Mixed signals as strong volatility meets conflicting momentum indicators
Technically, the nearest Ichimoku dynamic support sits around $269, while resistance aligns with the MA-50 and the next psychological level near $350. Momentum signals are mixed: the daily MACD shows strong bearish divergence, but the ADX signals healthy upward trend strength. Most daily chart oscillators indicate slight selling or neutral tones, with RSI near 49.45 and CCI in negative territory, signaling neither overbought nor oversold. BBP is overall neutral but points to slight buyer activity on short intraday timeframes. Intraday volatility has been high, with the price opening with a gap down but reversing course to rally 7.5% and close near session highs at $322.50, while the Awesome Oscillator supports buyer momentum, though signals remain divergent.
Sideways consolidation likely as upside limited by weekly sell bias
Over the next five trading days, TAO is expected to trade between $342.10 and $359.50. The likelihood of further upside is low (under 20%) due to prevailing weekly sell signals, suggesting a higher probability of retesting lower levels. The baseline scenario is sideways consolidation within the $340 – $360 range. A close above $350 would open the path to higher targets, but a drop below $340 could signal further downside toward recent support zones.
Previously it was noted that buyers pointed to improving order book depth and recurring squeeze dynamics following each dip. Last time we reported that speculative flows in related assets increased as liquidity deepened on centralized venues and buyers pointed to improving order book conditions.
Latest TAO News
- Forex
- Crypto