The Bittensor token (TAO) fell 2.1% in 24 hours and nearly 4% over the past week, approaching its key support level at $194. Since April 2025, TAO has been trading in a range between $168 and $496, and the bullish breakout in March failed to sustain an upward trend. Technical indicators show persistent selling pressure: the OBV has been declining since March and the MACD remains below zero. If the $194 support level breaks, a drop toward $168 is likely.
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