TAO/USDT · 1D · 8 Nov 2026
Bittensor (TAO) price analysis — daily chart
Bittensor (TAO) is at 223.9 on the 1D chart. The structure is clearly bearish while TAO stays under 260.4: it broke down from its month-long range and has held it.
Breakdown from the 242.6–319.2 range on Oct 29, holding under it, price in the lower third of the move since
The read
The structure is clearly bearish while TAO stays under 260.4: it broke down from its month-long range and has held it.
Backing it: the weekly chart is down and the indicators favour the sellers' side.
Price is under the 50-day average (273.1).
The last 5 days are up 0.1%.
Price is 14.0% under 260.4, the top of the range it has built since the bounce, and 5.6% over 212.0, the low of that range.
The first warning would come earlier: a daily close over 240.3, the nearest swing high, 6.8% away.
What would break that structure: a daily close over 260.4, 14.0% away.
Why
For it: price is under the average price buyers have paid since the 183.5 low, 260.4, so those buyers are losing money; Momentum favours the sellers (RSI 37): their closes have been stronger.
Against it: nothing on the chart right now.
If-then
While TAO stays under 260.4 the structure stays bearish; 212.0 is the next line it has to break.
A 1D close above 260.4 clears the top of the range; the next level up is 273.6.
A 1D close below 212.0 breaks down out of the range; the next level down is 195.8.
Key levels
212.0 is where buyers keep showing up: it held 4 of 6 visits — a heavy volume shelf, 7.8× the volume of an average price band on this chart.
260.4 is where sellers keep showing up: it held 3 of 5 visits. It is also the anchored VWAP from the swing low.
The full picture
On Oct 29 TAO closed below the 242.6–319.2 range it had held for a month, and has not been back to the old floor, 242.6, since: the highest it has traded is 240.3, on Nov 4, 1.0% under it.
Price is in the lower third of the 212.0–260.4 range.
The weekly picture: a weekly downtrend, 70% under the cycle high. The daily has no trend of its own.
Against BTC: over the last 5 daily candles TAO moved +0.1% and BTC -1.2% — TAO is the stronger chart.
The trend has been the sellers': the weekly chart is down.
The breakdown has backing. Price is under the average price buyers have paid since the 183.5 low, 260.4, so those buyers are losing money. Momentum favours the sellers (RSI 37): their closes have been stronger.
Key levels
| Level | Price | From price | Role |
|---|
| Swing high | 319.2 | +42.6% | swing, read |
| Swing high | 273.1 | +22.2% | swing, read |
| 2-TF resistance | 260.4 | +16.3% | confluent, golden pocket |
| Swing high | 242.6 | +8.4% | swing, read |
| Swing high | 240.3 | +7.2% | swing, read |
| Order block | 234.6 | +4.8% | order block, calendar |
| Order block | 232.0 | +3.6% | order block |
| 2-TF resistance | 228.6 | +2.1% | confluent, golden pocket |
| Fib retracement | 226.2 | +1.0% | fib, sr |
Updated 8 Nov 2026. Run a live Bittensor read →
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