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Home/News Feed/Bittensor (TAO) falls below $200 as futures outflows rise and whale accumulation hints at recovery.

TAO

Rp3,605,153

-Rp28,843 -0.79%

Bittensor (TAO) falls below $200 as futures outflows rise and whale accumulation hints at recovery.

Technical Signals

15 Jul 2026

AMBCrypto

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Bearish

Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data shows whale accumulation with positive Spot Taker CVD and persistent negative Spot Netflow, suggesting buyers are active. This mix of selling pressure and accumulation means TAO could either test lower supports around $186 or potentially reclaim $200 and aim for $216 if demand strengthens. Investors should watch futures and spot market trends for clues on TAO's next move.

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