$TAO analysis : Bittensor under pressure, risks losing the $200 level
Bittensor (TAO) is approaching the key psychological level of $200 after losing the short-term support zone at $215, which coincided with the low of Friday’s trading session. This move puts TAO at risk of breaking below the $200 mark, potentially opening the door for a test of Pivot Point S1 around $194.
In a more negative scenario, if the price closes below the $194 level, selling pressure could intensify and push TAO further down toward Pivot Point S2 at $167, signaling an extended corrective move.
TAOUSDT
Perp
208.03
-4.80%
