The price of TAO in this area is equivalent to buying Bitcoin for less than $300, some analysts say.
Summary
- TAO is trading in a clear daily downtrend, with prices below the short and mid EMAs and every bounce being sold.
- Momentum turns bearish as the MACD reverses and the RSI trends lower, signaling that sellers are still in control of the band.
- A recovery from near resistance could open a higher range, but a failure at the support level would expose TAO to a deeper decline.
TAO has given back about 5-6% in the last 24 hours and is trading around $200 or so, while still up sharply year-to-date from early 2025 levels. Directionally, the 24-hour chart looks bearish (short-term correction), while year-to-date it is still structurally bullish but clearly down at mid-cycle.
The TAO cryptocurrency (TAO) continued to trade in a bearish structure on the daily chart, with recent price action showing sustained selling pressure and limited buying activity, according to technical analysis.
TAO Price Heads for a Lower Close
The spot price is around $250-$265, with a 24-hour variation of around -5.5% to -8% depending on location.
Relative to this starting point, the current ~$250-265 means that the TAO is now negative year-to-date compared to the January open, but still remains above its 2023-early 2024 base, so it remains structurally in a higher regime than the old cycle.
Momentum indicators reflect weakening bullish pressure, according to chart data. The Moving Average Convergence Divergence (MACD) indicator shows a transition from recovery to new weakness, while the Relative Strength Index (RSI) has declined, indicating bearish dominance without reaching extreme oversold conditions.
The asset faces immediate resistance near a near-term high that previously provided support. A move above this level could allow the price to test a higher zone where selling pressure is expected to increase. A larger change would require a decisive breakout above broader structural resistance, which would indicate buyers are regaining control.
If selling pressure persists, a nearby support cluster represents a critical area where buyers can attempt to stabilize the price. Failure to maintain this level would weaken the technical outlook and expose the asset to further declines.
Order book data shows large offer walls positioned below the current price, suggesting that some market participants are willing to defend lower levels. Large demand walls in the mid-range indicate significant supply overheads. Clearing these sell orders would require increased momentum and volume.
Long positions may suit short-term tactical setups rather than trend-following strategies while the broader structure remains bearish, according to market observers. Short strategies align with the prevailing trend, particularly during rallies toward resistance, although volatility around key support areas remains a factor.
The asset maintains a bearish bias on the daily chart, with trend and momentum indicators aligned to the downside. Although temporary rebounds are possible, the technical structure indicates that sellers maintain control until price can regain and maintain key resistance levels.
Bullish or bearish?
Short term (24h):
Bearish. Momentum is falling, candles are corrective, you are under recent local support; any “bullish” position here is purely tactical (fade-the-dump scalps), and does not follow the trend.
Cumulative/cycle view? Cautiously bullish. TAO is still structurally linked to scarcity due to AI infrastructure and halving, and is well above traditional ranges, but is in a mid-cycle bearish phase with clear downside risk if AI risk assets continue to depreciate.
