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Bittensor's TAO breaks resistance but faces selling pressure near $340, key support at $252–$255 critical.

Technical Signals
22 Oct 2026
AMBCrypto
View Source
Bearish
Bittensor's TAO breaks resistance but faces selling pressure near $340, key support at $252–$255 critical.

Bittensor's TAO token broke a strong resistance at around $255 in early September after increased trading volume, leading to a rally up to $340. However, profit-taking caused a decline, weakening bullish momentum as sellers gained control. The $252–$255 zone is now a crucial support level; holding it could signal buyer strength and potential recovery, while falling below risks a full retracement. A move back above $280 and $300 with volume is needed for a sustained rebound toward $320 and $340.

TAO (Bittensor) trades at Rp4.692.353 on Pluang as of Oct 22, 2026 16:21 WIB, down 4.47% in the last day. The market cap stands at Rp54,43T with 24-hour volume at Rp3,64T. Order activity is balanced at 50% sell and 50% buy, with typical hold time of 44 days, showing mixed investor sentiment amid current price movements.

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