Bittensor (TAO) jumps 45% after hitting key support but faces caution from weak demand signals.

Bittensor (TAO), an AI-linked blockchain asset, surged 45% within 24 hours after bouncing off a critical support zone between $211.7 and $215.4. This price action suggests potential further gains toward the $250–$270 range if past fractal patterns repeat. However, bearish indicators like a weakening Money Flow Index and a negative Funding Rate signal that demand is not yet strong enough to fully support the rally, increasing the risk of a price decline. Traders are advised to exercise caution as the asset's momentum remains uncertain despite the recent surge.

Following TAO's notable 45% rally highlighted in the news, on Pluang the token is trading at Rp4.002.214 with a 1-day gain of 4.72% as of Sep 17, 2026 18:31 WIB. The market cap stands at Rp46,34 trillion, and trading volume reached Rp3,49 trillion in 24 hours. Pluang users show a buying interest with 59% of order activity on the buy side, and the typical hold time is 44 days, indicating moderate investor engagement.