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    Home»News»Finance»Bittensor (TAO) Faces Bearish Signal After Surging 160% — Is a Pullback Coming?
    Finance

    Bittensor (TAO) Faces Bearish Signal After Surging 160% — Is a Pullback Coming?

    Oli DaleBy Oli DaleMarch 29, 2026No Comments3 Mins Read
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    Quick Overview

    • Bittensor (TAO) surged more than 160% following a TD Sequential buy signal, rising from $144 to reach $375.
    • A TD Sequential sell signal has now appeared on the 3-day chart, suggesting potential trend exhaustion.
    • TAO currently trades at $322.33, with significant resistance levels at $322.33 and $358.34.
    • The RSI indicator stands at 55.86, reflecting moderate bullish momentum, while MACD stays beneath its signal line.
    • Critical support exists around $300, with a potential decline to $260–$280 if this level fails.

    Bittensor (TAO) has delivered an impressive performance recently. The cryptocurrency soared over 160% from a low of $144 to peak at $375 following confirmation of a TD Sequential buy signal. However, the same technical indicator is now displaying a sell signal, capturing the attention of market participants anticipating a possible correction.

    Bittensor (TAO) Price
    Bittensor (TAO) Price

    As of the latest data, TAO is valued at $322.33. Trading volume over the past 24 hours reached $1.19 billion, while the market capitalization stands at $3.47 billion. The asset recorded a modest gain of 0.39% during the same period.

    On March 28, 2026, cryptocurrency analyst Ali Martinez shared insights via X, emphasizing how the TD Sequential indicator accurately predicted the entry point prior to TAO’s substantial upward movement. Martinez observed that this same technical tool has now generated a sell signal, implying that traders might want to consider securing profits over the near term.

    The TD Sequential flashed a buy signal on Bittensor $TAO on February 9, anticipating the 160.56% rally that followed.

    Now, after a move from $144 to $375, the indicator is flashing a sell signal, suggesting it may be time to start booking profits. pic.twitter.com/J6dXGLpQNX

    — Ali Charts (@alicharts) March 28, 2026

    Understanding the TD Sequential Sell Signal

    The TD Sequential represents a popular technical analysis instrument designed to spot potential points where trends may be exhausted. It successfully identified the buying opportunity before TAO’s 160% advance. Currently, on the 3-day timeframe, it has switched to displaying a sell signal.

    This development doesn’t necessarily mean an immediate price reversal will occur. Nevertheless, following such a substantial rally, the signal modifies the risk-reward scenario. Profit-taking behavior from early position holders commonly emerges after these signals activate.

    TAO is presently positioned directly at the $322.33 resistance barrier. An additional important threshold exists at $358.34 on the MA Ribbon. The cryptocurrency successfully moved above its short-term moving average at $244.18 earlier, which provided momentum for the upward movement.

    The RSI registers at 55.86, indicating strengthening momentum without reaching overbought territory. The MACD value sits at 12.26 but remains underneath its signal line at -22.87. The MACD histogram shows -35.13, suggesting momentum is shifting toward positive territory though definitive confirmation remains absent.

    Critical Support and Resistance Zones

    Should TAO fail to pierce through $358.34 and maintain levels above $380, bearish pressure may intensify. The initial critical support zone lies near $300, a psychologically significant threshold. A breakdown beneath this point could drive prices toward the $260–$280 range, where substantial buying activity was previously observed.

    The Guy Who Made Millions From Uber Says This $300 Coin Could Hit $32,000

    Jason Calacanis Predicts 200x for $TAO: Here's What You Need to Know

    Early Uber investor Jason Calacanis just made a bold call on #TAO during his "This Week In Startups" podcast.

    He believes TAO could… pic.twitter.com/hX6fBNnif1

    — Crypto Patel (@CryptoPatel) March 27, 2026

    For those maintaining bullish positions, a decisive breakout above $380 accompanied by robust volume would signal continuation of the uptrend. In the absence of such movement, current price behavior appears more consistent with consolidation or potential distribution.

    Several market analysts have highlighted TAO’s capped supply of 21 million tokens and its integration with decentralized artificial intelligence as factors supporting long-term value proposition. Interest in blockchain projects connected to AI technology has been expanding.

    TAO maintains its position above short-term moving average support levels, with resistance at $322.33 and $358.34 drawing focus as market participants monitor for the next significant directional shift.

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    Oli Dale
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