- 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.
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.
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.
