TAO Falls 8% After $180 Rejection — Will $165 Support Hold or Break Toward $160?

TAO7,4%
BTC3,48%
  • TAO rejected the $180 S/R flip zone, triggering an 8% decline on the 4-hour chart.

  • The token trades at $168.07, down 5.5% in 24 hours, holding just above $165.45 support.

  • A break below $165.45 exposes $160, while recovery targets $175–$178.82 resistance.

Bittensor’s TAO token extended its short-term decline after rejecting a key resistance zone highlighted on the four-hour chart. TAO/USDT is trading at the price of $168.07, which represents a decline by 5.5 percent in the last 24 hours.

The two are also exchanging at 0.002562 BTC which gains 2.1 percent compared to Bitcoin. The latest price movement depicts that there was a decisive rejection of the price at the support-turned-resistance zone of $180 then an 8 per cent fall at 180. It is important to note that the chart structure coincides with an S/R flip area which serves as a technical pivot.

$180 S/R Flip Triggers 8% Decline

The four-hour chart shows TAO climbing toward the $180 region before facing repeated selling pressure. Price attempted to reclaim that level but failed to secure a sustained close above it. Consequently, sellers regained control near the marked S/R flip zone.

Long upper wicks near $180 indicate rejection at resistance. Shortly after, momentum shifted downward as consecutive bearish candles formed. The pair then dropped toward the $170 area, completing an 8% move from the highlighted short zone.

$TAO S/R Flip Played Out 📉

We highlighted the $180 S/R flip zone as a short area — price has now dropped 8% since that call.

Clean rejection from resistance, momentum followed through.

Expecting it to go down further to $160 area 👀 pic.twitter.com/FEYiNv9Cao

— CryptoPulse (@CryptoPulse_CRU) February 23, 2026

This rejection established $178.82 as the immediate resistance level. In the meantime, the 24-hour range is an affirmation of pressure in a shrinking band between the resistance of $178.82 and support of $165.45.

Current Price Structure and Key Levels

TAO is trading at $168.07, which is slightly above its level of $165.45 support. Nevertheless, the price short-term dropped to the $167 mark during the recent sell-off. In the chart, the highs and the lows on the four-hour time scale are falling.

This trend indicates long term weaknesses. Also, the failure to recapture the lost $180 keeps the sellers busy around the point of resistance. This negative momentum is enhanced by the 24-hour loss of 5.5%.

The new defensive line has been established at $165.45. When the price comes back to this point, the traders will be looking at how the buyers take in the selling pressure.

Intraday Scenarios: $160 Test or $175 Rebound

In case TAO starts falling below the $165.45 mark, the price can spread to the 160 region indicated on the chart. The estimated downside objective coincides with the latest bearish continuation trend. A move toward $160 would maintain the existing lower-high structure.

However, if buyers defend $165.45 and push price higher, TAO could retest $175 intraday. A stronger recovery would then challenge $178.82 resistance again.

The bearish case today puts TAO within the range of $160 and 165. Bullish scenario, on the other hand, lies between $172 and 175 in case it is supported.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Gerelateerde artikelen

Chainlink Sees 25% Whale Growth: Will LINK Push Toward $27?

Chainlink whales grew 25% in a year, signaling strong accumulation by large holders. Institutional adoption and reserve growth tighten LINK supply, supporting potential upward price movement. LINK trades in a narrow range; a breakout could push toward $27. Chainlink — LINK, has been

CryptoNewsLand25m geleden

Hyperliquid Faces Volatility as Whales Shift Positions: Will HYPE Hold $35?

Whale activity drives HYPE volatility, creating uncertainty around short-term price movements. Accumulation trends remain strong, with investors moving $11.7 million HYPE off exchanges. Key support at $33.48–$35.19 may determine whether HYPE rebounds or drops further. Hyperliquid — HYPE,

CryptoNewsLand1u geleden

BTC 盈亏交易比达 2.95,创 12 周以来最高水平

Gate News 消息,4 月 6 日,根据 Santiment 数据,BTC 盈亏交易比达到 2.95,创 12 周以来最高水平。该指标衡量盈利交易与亏损交易的比例,当前数值显示市场盈利交易占比显著高于亏损交易,达到近期峰值水平。

GateNews1u geleden

SHIB Climbs 1.45% as Golden Cross Signals Potential Breakout

Price rises 1.45% as golden cross signals possible bullish momentum. Spot inflows surge, indicating some holders may lock in profits. Open interest rises cautiously, showing traders hesitant to commit strongly. Shiba Inu has attracted attention after climbing 1.45% over the past 24

CryptoNewsLand2u geleden

The RWA Yield Infrastructure Trade

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

CoinDesk2u geleden

BTC 15分钟回调0.66%:关税政策冲击叠加大额持仓者减持引发下行

2026-04-06 06:15 至 06:30(UTC)期间,BTC价格在68807.2至69308.1 USDT区间下挫,15分钟收益率录得-0.66%,振幅达0.72%。该时段内市场波动加剧,成交量和社交讨论热度同步提升,反映短线资金博弈激烈。 本次异动的主要驱动力来自于宏观政策层面的突发变动。美国近期加征关税及延续高关税政策,促使全球风险偏好大幅下降,投资者大规模撤离高波动性资产。相关关

GateNews2u geleden
Opmerking
0/400
Geen opmerkingen