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Bittensor's TAO token drops 5.54%, nearing key support level above $252-$255 range

Technical Signals
22 Oct 2026
Tokenpost
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Bearish
Bittensor's TAO token drops 5.54%, nearing key support level above $252-$255 range

Bittensor's TAO token fell 5.54% within 24 hours to $258.04, coming close to a previously identified support range of $252-$255. This decline was sharper than Bitcoin's 3.41% drop to $81,313 in the same period. The token remains about $3 above the upper edge of this support zone, indicating potential stability or a floor for the price. Investors should watch if TAO holds this support or falls further, which could signal more downside risk.

As of Oct 23, 2026 08:31 WIB, Bittensor's TAO token trades at Rp4.667.497 on Pluang, down 4.90% in the past day. The token's market cap stands at Rp54,28 trillion, with a 24-hour trading volume of Rp3,4 trillion. Pluang users show a balanced sentiment with 54% buying and 46% selling, while the typical hold time is 44 days.

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