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Bittensor (TAO) jumps 13%, breaking key level amid bullish momentum and $19M in long liquidations.

Technical Signals
22 Sep 2026
AMBCrypto
View Source
Bullish
Bittensor (TAO) jumps 13%, breaking key level amid bullish momentum and $19M in long liquidations.

Bittensor (TAO) surged over 13% in 24 hours, breaking above a critical $276 resistance level driven by strong buying momentum. The breakout is supported by bullish technical signals like a MACD crossover and a high aggregated funding rate, indicating traders favor long positions with $19 million in leveraged longs versus $2 million in shorts. Despite a short-term overbought RSI warning a possible correction, the overall outlook remains positive with a target price between $360 and $380. The breakout could fail if TAO falls below $276, risking cascading liquidations.

Bittensor's TAO shows a strong 17.37% gain on Pluang as of Sep 22, 2026 11:11 WIB, slightly above the 13% rally noted in the article. Trading at Rp5.579.015, TAO's market cap reaches Rp64,96 trillion with a 24-hour volume of Rp12,6 trillion. Despite the recent surge, Pluang data shows a majority of sell orders at 60%, contrasting the bullish momentum described, while the typical hold time is 44 days, indicating moderate investor confidence.

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