TAO is back on trader radars after Michaël van de Poppe pointed out that the token is starting to look interesting again. The big picture is fairly straightforward.
The halving is already behind us, the TAO price went through a rough correction afterward, and now the chart is showing early signs of stabilization. The main level to watch is the $250–$260 zone, which is acting as the line between recovery and another leg lower.
Looking at the daily chart, it appears to be a more relaxed scenario compared to a few weeks ago. The heavy selling pressure is not as visible as it used to be, and prices appear to be trending in a more organized manner.
- TAO Finally Finds Support After the Selloff
- Why This Reclaim Matters
- What Comes Next on the TAO Chart
TAO Finally Finds Support After the Selloff
The TAO price pullback from the highs was not a small one. After topping out near the $470–$500 area, the price rolled over and spent weeks trending lower.
Early attempts to bounce did not hold, and sellers stayed in control until TAO reached a higher timeframe support zone.
Source: X/@CryptoMitchNL
That zone, highlighted by Michaël in green on the chart, is where things began to change. The TAO price stopped making lower lows and started holding its ground.
You can also see heavier volume during the drop, which often points to forced selling. Once that pressure eased, TAO was able to stabilize and start building a base.
ChatGPT Predicts Bittensor (TAO) Price at the End of January_**
Why This Reclaim Matters
One of the more important developments is TAO moving back above the 21-day moving average. This level often acts as a simple trend filter.
When price stays below it, rallies tend to fade. When price gets back above it and holds, the market usually shifts into a slow grind higher rather than continued downside.
TAO is also working to hold above the old support level around $262. This is the area that needs to act as a floor now. If pullbacks continue to get bought in this zone, it supports the idea that the market is trying to flip previous resistance back into support.
What Comes Next on the TAO Chart
Momentum is starting to improve, which shows up in the RSI pushing higher from oversold conditions. That lines up well with price reclaiming key levels and forming higher lows.
As long as the TAO price holds the $250–$260 range, the path opens toward the $300–$325 area first, with much heavier resistance sitting closer to $470.
If momentum continues to build, a move back toward $500 over the coming months stays on the table. If support fails, though, the recovery story gets put on pause.
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