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Bittensor (TAO) drops 7% amid bearish trend, struggles to break $300 resistance level.

Technical Signals
11 Sep 2026
AMBCrypto
View Source
Bearish
Bittensor (TAO) drops 7% amid bearish trend, struggles to break $300 resistance level.

Bittensor (TAO) experienced a 7% price decline in the past 24 hours, continuing a losing streak since early September. Open Interest fell by over 14%, signaling weak demand in both spot and derivatives markets. Despite a recent rally to nearly $280, TAO failed to surpass the critical $300 resistance, maintaining a bearish weekly structure. Traders may look for a dip to around $190 as a potential buying opportunity if the bearish momentum persists, especially if Bitcoin weakens further.

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