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

TAO-5,83%
BTC-5,12%
  • 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.

Articoli correlati

AHR999 Index Falls Below 0.45 for First Time in 837 Days

Gate News bot message, The AHR999 Index has dropped below 0.45, marking the first occurrence in 837 days. This level was last observed in February 2026. Prior to that, the index reached this zone in October 2023, preceding the price movement from $28K to $72K. The source notes this is not a buy sign

GateNews1h fa

XRP Supply Shift: Whales Add 200 Million Tokens as Price Eyes $1.50 - U.Today

XRP has seen a significant increase in whale activity, with 200 million XRP bought recently, while network activity and wallet numbers reach new highs. A "golden cross" signals potential price rises, as the SEC clarifies crypto asset regulations.

UToday3h fa

比特幣跌破 7.1 萬美元、以太坊失守 $2200!全網 4 小時爆倉近 3 億,通膨、戰火、政治僵局「三殺」加密市場

加密市場在18日晚遭遇暴跌,比特幣跌破71,000美元,以太坊跌落2,200美元。導致原因包括美國PPI數據超出預期,降低了聯準會降息的可能性;中東戰火升級增加地緣政治風險;以及美國國會對加密法規的僵局。市場情緒因此受到重創,僅4小時內就有11萬人爆倉,損失達3億美元。

動區BlockTempo5h fa

Here’s Where Gold Price Could Go After the FOMC Decision

Gold is in a bearish trend, forming a waterfall pattern with lower highs and lows. Watch the 4905 level; a break could lead to a drop toward 4841. Upcoming FOMC announcements may cause volatility, impacting price movements.

CaptainAltcoin5h fa

某 CEX 调查:74%机构预计未来12个月加密市场将反弹,配置意愿持续增强

尽管加密市场自去年以来回调,最新调查显示机构投资者信心稳固,73%计划到2026年增加数字资产配置,74%预计未来12个月市场反弹。多数机构倾向通过受监管工具投资,同时关注市场监管清晰度与风险管理。

GateNews6h fa
Commento
0/400
Nessun commento