TAO breaks above key moving averages amid bullish momentum signals
Bittensor (TAO)
Editor:
Eugene Serbin
Tradersunion.com reports that Bittensor (TAO) is trading at $245, marking an 8.02% daily gain as it holds near its session high. The asset is positioned above its key moving averages, indicating persistent buying momentum across short- and long-term timeframes. On the hourly chart, TAO/USD trades above the MA-20 and MA-50, while it remains above the MA-200 on the daily chart.
The Ichimoku Kijun at $234.2 acts as immediate support, with momentum indicators like MACD and ADX flashing a Buy signal. The Awesome Oscillator also supports continued buyer dominance, though the RSI stands at 76.17. CCI and Bull/Bear Power are in overstretched territory, highlighting a potential risk of short-term cooling.
Over the next two to three sessions, TAO is expected to trade within a range of $235.5 to $251.42. Analysts note a shift from persistent technical weakness to strong bullish momentum, advising traders to monitor volatility. The baseline scenario anticipates price stability within the band, with a 79% probability of an upside move. A bullish breakout would occur if resistance is breached, while a drop below $234.2 would trigger a bearish case.
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 1-hour buy ratio of 54.5% and a 4-hour buy ratio of 49.7%. These short-term readings show a slight divergence from the 24-hour buy ratio of 52.0%, suggesting that immediate buying pressure is stabilizing rather than accelerating. The 1-hour volume delta is positive at +$179,937, indicating net buying in the last hour, whereas the 4-hour delta is negative at -$34,747. This contrast implies that recent short-term trades are more aggressive than the broader four-hour trend. The 24-hour volume delta stands at +$759,446, with a CVD of +$720,231, confirming that net buying has dominated the day. Spot volume for the 24 hours is $18,752,761 across 97,771 trades, with net buying occurring in 17 of the 24 hours.
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 7-day average buy ratio was 48.3%, making today's 24-hour ratio of 52.0% an increase of 3.7 points. This suggests that today is an unusually active day for buyers compared to the weekly norm. Volume today is at 0.90x the average, indicating slightly lower participation than usual despite the higher buy ratio. The weekly volume delta total is -$4,286,223, contrasting with today's positive daily delta. Price has changed -1.3% over the 8-day period, with only 1 of the 7 days showing net buying, highlighting a generally bearish weekly trend.