Bittensor momentum slows as TAO pulls back toward $252 support level

Bittensor is trading near $265 after its September rally to $340 cooled off, placing focus on key support around $252 to $255.

22 October 2026 · -2

Bittensor (TAO) has seen its bullish momentum diminish after climbing from a summer consolidation range to a peak near $340. The token had hovered around $215 through August and early September before elevated trading volume drove a breakout above former resistance at $255.

Following the surge toward $340, buyer exhaustion and profit-taking shifted market dynamics from accumulation to distribution. TAO has dropped below its ascending trend line and struggled to maintain ground above the $300 and $315 levels during subsequent rebound attempts.

As of writing, the asset trades near $265, putting attention on the $252 to $255 band. According to the article, holding this former resistance turned support is critical for buyers to defend the breakout structure, while reclaiming $280 and $300 would be necessary to establish a broader reversal.

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