Volatile session and heavy selling — Bittensor slips 8.7%

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Bittensor drops 8.70% today

Highlights

Bittensor (TAO) trades at $353.8, just above the MA-20 ($346.6) and MA-50 ($337), but nearly equal to MA-200 ($354.7), signaling critical long-term support/resistance.
TAO dropped sharply by $33.7 (8.70%) in a volatile session with sellers dominating intraday action and momentum indicators giving mixed, short-term uncertain signals.
The probability of a near-term increase exceeds 80%, with TAO likely stabilizing between $350 and $356 barring a break below $350 support.

Neutral positioning prevails as market lacks fresh news catalysts

ERROR: NEWS ARE ABSENT ON TARGET DATES

Technical signals diverge as volatility and intraday selling intensify

Momentum readings on the daily chart are mixed: the MACD and ADX suggest bullish momentum is present, but overbought/oversold signals from RSI, Stoch RSI, and CCI are contradictory, with D1 RSI and CCI favoring buyers but intraday values pointing to oversold conditions. Sellers have dominated intraday price action, as reflected by a sharp drop of $33.7 or 8.70%, with no gap between the previous close and today’s open. TAO is now trading near today’s low ($342.4) within a highly volatile session, and the intraday tone remains under notable downward pressure. The Awesome Oscillator is not giving a clear trend signal, and the divergence among indicators warns of short-term uncertainty.

Sideways consolidation likely as bullish breakout faces $355 cap

The expected price range for the next five trading days is $350.70 to $355.80. The probability of a near-term increase is very high (more than 80%), making further decline less likely. The baseline scenario sees TAO holding within a narrow sideways corridor between $350 and $356, where price stabilization is plausible after the recent selloff. A bullish move would require a sustained break above $355 — $357, targeting higher resistance, while a bearish case unfolds if support at $350 fails, potentially leading to a retest of the $340 — $345 region.

Anton Kharitonov, expert at Traders Union, sees Bittensor (TAO) at a technical crossroads, with mixed indicator readings and price stuck close to the MA-200. He believes recent downward volatility and lack of bullish confirmation signal caution, especially as sellers maintain intraday control despite some medium-term support. Base case is for range-bound action near $350 — $356, with a high risk that a break of $350 could trigger further downside. "Until TAO decisively holds above $355, I remain defensive and see little reason to increase exposure here."

Previously, it was noted that whale accumulation, strong staking rates, and expansion in Bittensor's subnets supported positive market sentiment. Last time we reported that speculative flows in related assets increased as liquidity deepened on centralized venues.

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.