TAO Under Pressure as Market Tests Key Mid-Cycle Levels
According to some observers, purchasing Bitcoin under $300 is equivalent to purchasing TAO under this range. TAO is currently trading in the mid-$200s after selling off by about 5–6% during the past day. In comparison to early 2025 levels, it is still far higher year-to-date despite the recent decline. The 24-hour trend looks negative from a directional perspective, suggesting a brief correction. Although the structure is still optimistic for the year, it is evident that the market is in a mid-cycle drop. The TAO cryptocurrency is still trading on the daily chart within a bearish framework. Technical examination of recent price action indicates significant selling pressure and little buying activity.
TAO Price Drifts Lower While Holding Key Structural Support
TAO has been sluggish since the beginning of the year. However, when looking at the market structure as a whole, it is still trading in a higher price regime than the 2023–2024 cycle. Although current spot prices in the $250–265 area show continued downward momentum, they also demonstrate resilience above baselines from previous cycles. Since the RSI is trending lower without hitting extremely oversold levels and the MACD has rolled over from a recovery phase, momentum indicators lend credence to this opinion. This implies that bearish control is still in place. However, panic selling has not yet materialized. This allows for tactical responses around important levels.
TAO Faces Heavy Resistance as Sellers Defend Key Levels
Technically, TAO encounters obvious overhead resistance where prior support has given way to supply, restricting attempts at upside. To overcome further resistance and indicate growing buyer strength, a sustained rise above this zone would be necessary. On the downside, bid walls that are apparent in the order book and adjacent support clusters could serve as short-term stabilization points. But if these areas weren’t held, the correction would probably be extended. With short-term rebounds better suited for tactical trades than long-term trend positioning, the daily structure favors sellers until volume increases and price regains significant resistance.
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