Bittensor price prediction: Losses deepen, after bulls lose control above $400

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Bittensor drops 7.93% today

Highlights

Bittensor (TAO) trades at $394.50, maintaining a bullish structure above MA-20 ($366.91), MA-50 ($344.58), and MA-200 ($358.53), with resistance near $400.
Despite a sharp $34 (7.93%) intraday drop and high volatility, mixed momentum signals and a neutral Stoch RSI suggest caution amid choppy conditions.
Next five trading days are projected in the $348.30–$353.80 range, with over 80% probability of price increase and consolidation as the most likely scenario.

Mixed momentum as high volatility drives divergence in signals

Momentum signals are mixed, with the daily MACD showing a positive bias but a weak ADX suggesting subdued directional strength. RSI and CCI lean bullish with values in the mid-50s, while Stoch RSI reads neutral and BBP reflects balance between buyers and sellers, indicating lack of clear dominance. Today's action shows a sharp drop of $34 or 7.93%, with no significant price gap at the open and the current price residing near the top of today’s range, in a session marked by high volatility and initial selling pressure from the open. Notably, some intraday indicators such as RSI are bullish, but the heavy daily decline and neutral oscillators point to a divergence between momentum and short-term price action, suggesting caution amid choppy conditions.

Sideways consolidation expected as risk skews to upside

Looking ahead, the expected price range for the next five trading days is $348.30–$353.80. Based on current weekly signals, the probability of a price increase is very high (more than 80%), making a decrease much less likely. The baseline scenario anticipates sideways consolidation within the recent range. In a bullish scenario, a move above $400 could trigger further upward momentum. Conversely, if the price slips below $348, the bearish case is confirmed and could lead to accelerated declines toward longer-term supports.

Anton Kharitonov, expert at Traders Union, notes that despite Bittensor (TAO) holding above all key moving averages, today's significant drop coupled with weak trend strength indicators suggests caution is warranted. He highlights the divergence between mixed momentum signals and the sharp daily decline as a sign of potential instability, with no news-driven catalysts to support sentiment. "The base case remains sideways unless $400 is convincingly broken — until then, I'm staying defensive in this choppy environment."

Previously, it was noted that TAO was expected to consolidate in the $402.80 to $408.30 range with a high probability. The prior report also highlighted a neutral outlook from momentum indicators, with both breakout and correction risks seen as elevated.

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.