While the broader crypto market remained under pressure, Bittensor (TAO) initially came into the spotlight today. Following the listing announcement by South Korea’s largest exchange, Upbit, TAO price
Once those stops were cleared, momentum faded quickly. Price rotated back below $200 and slipped toward the mid-$190s, showing that the spike functioned more as a liquidity grab than the start of a trend expansion. Bittensor token price chart still reflects a lack of direction. The rejection formed another lower high relative to the prior swing, keeping the short-term bias neutral-to-bearish despite the news catalyst. Immediate support now sits near $182–$185, where recent demand previously appeared, while sustained acceptance above $205 is required to convert the listing reaction into a real breakout rather than a temporary volatility event. The market now sits between two clear zones, resistance near $200–210 and support developing around $180–185. After a liquidity sweep, assets typically consolidate while participants determine fair value under the new liquidity conditions. Holding above the mid-$180s would suggest the listing created genuine demand absorption, potentially allowing another attempt at reclaiming $200. Failure to maintain that region, however, could turn the listing spike into a distribution top and extend the corrective structure.Final Thoughts
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