TAO has been sliding lower for months, and the TAO price is now back in the exact kind of area that tends to matter most in a cycle. On the weekly chart, price TAO has been sliding lower for months, and the TAO price is now back in the exact kind of area that tends to matter most in a cycle. On the weekly chart, price

Bittensor (TAO) Drops Into a Major Demand Zone – Traders Say a Rally Could Be Next

2026/02/08 04:00
3 min read

TAO has been sliding lower for months, and the TAO price is now back in the exact kind of area that tends to matter most in a cycle. On the weekly chart, price has dropped straight into a demand band that has held up before, and that’s why this zone is suddenly all anyone is talking about.

Analyst Lyvo summed it up pretty clearly: the TAO price is sitting around the $160–$180 weekly support range. If buyers step in and defend it, the chart has room to flip into a reversal. If it breaks, the downside can open up fast, and it probably won’t be a slow move.

What the TAO Weekly Chart Is Really Showing

The weekly chart shared by Lyvo tells a simple story. TAO had its explosive run, then spent a long time chopping sideways, with rallies getting weaker and weaker. Each bounce topped out lower, and every attempt to reclaim the upper range eventually ran into sellers again.

Now the TAO price has worked its way all the way back down into the blue support zone, trading around $169. That’s a big deal, because thi3s area has acted like a launchpad in the past. 

Source: X/@LyvoCrypto

When TAO traded into this band before, it wasn’t an instant bounce every time. It was more like the market finally hit a wall, selling pressure cooled off, and price started building a base before the next major move.

So no, this doesn’t guarantee anything. But it does mean the TAO price is back at a level where a reversal actually makes sense structurally, not emotionally.

Why This Zone Feels Like a Decision Point

This is the kind of spot where markets usually pick a direction hard. If the TAO price holds this weekly demand zone and starts closing stronger, the chart sets up for a move back into the prior range.

That’s where the $300 level comes in. It’s basically the “back to the middle of the range” rebound after tagging deep support. And if momentum really returns and TAO can push through higher supply zones, $450+ becomes the next major region to watch, since it lines up with areas where price has repeatedly reacted in the past.

But the other side matters too. If this support band fails cleanly, the structure changes completely. At that point, support stops acting like support, and the market starts hunting for the next real demand floor, which could mean much deeper downside.

Read Also: XRP Jumps Ahead of Altcoins: What Is Driving the Sudden Price Surge

TAO Is Sitting Where the Next Trend Starts

The TAO price isn’t drifting in the middle of nowhere anymore. It’s sitting right on top of a weekly 

demand zone that has mattered across multiple cycles.

If buyers defend this area, the chart has room for a meaningful reversal back toward the prior range. If they don’t, the next leg down could come quicker than most people expect.

Either way, this is one of those moments where TAO stops being boring, and the next move is going to set the tone for what comes next.

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The post Bittensor (TAO) Drops Into a Major Demand Zone – Traders Say a Rally Could Be Next appeared first on CaptainAltcoin.

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