Bittensor price up 11% on technical strength
Bittensor (TAO)
Editor:
Eugene Serbin
tradersunion.com reports that Bittensor (TAO) surged 11.04% today, driven by ecosystem activity and growing sector interest. The asset is trading firmly above its 20-day, 50-day, and 200-day moving averages, which stand at $234.73, $218.64, and $240.02 respectively. This positioning indicates bullish momentum across short, medium, and long-term setups despite a technically bearish medium-term trend.
The nearest support is found at the Ichimoku Kijun level of $245.2, while immediate resistance sits at $252.5. Momentum signals are mixed, with MACD and ADX forecasting strength while the RSI remains balanced at 50.37. Bull/Bear Power is negative, suggesting seller dominance intraday and an oversold forecast.
The pair advanced $25, opening with an upside gap of about $6 or 2.65%. Analysts noted sustained bullish momentum but cautioned that short-term consolidation could occur. A close above $252.5 is viewed as the pivotal level for confirming a potential breakout. The rally was not linked to any new regulatory updates, tokenomic changes, or official product announcements.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 18 September 2026. Not the outlet's figures.
TAO is currently trading at $232.40, with a 24-hour buy ratio of 52.0% compared to 45.9% for the last hour. This shift suggests that buying pressure has built up over the longer timeframe relative to the immediate short term. The 24-hour volume delta is positive at $759,446, indicating net inflows, whereas the 1-hour delta is negative at -$128,674. A positive volume delta means buyers have been more aggressive than sellers over that period. The cumulative volume delta closed at $541,922, with net buying occurring in 17 of the last 24 hours. Spot volume for the day reached $18,752,761 across 97,771 trades.
The latest daily buy ratio of 49.6% sits at the 64th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TAO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.3%, making today’s 24-hour ratio of 52.0% an unusual day with 3.7 points more buying activity. Volume was 0.90x the average, indicating a quieter trading session than usual. The coin experienced a price change of -1.3% over eight days, with a total volume delta of -$4,286,223. Net buying occurred on only 1 of the 7 days in that period. This contrasts with today’s positive delta, highlighting a shift in flow dynamics.