TAO Breaks Bullish Flag as Buyers Take Control
Bittensor (TAO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Bittensor — TAO has broken out of a months-long bullish flag pattern that had restricted price action since mid-March. The token recorded three consecutive days of gains after buyers pushed above resistance, triggering a fresh bullish signal. This move has shifted the short-term trend in favor of buyers, though the asset must hold above former resistance levels for confirmation.
Open Interest has climbed alongside the price action, indicating that traders have increased their market exposure. Derivatives activity is currently dominated by long positions, which adds both strength and risk to the current setup. The report highlights that three specific signals will determine whether TAO can reach its $290 target.
A successful breakout has helped shift overall market sentiment toward buyers. However, the source notes that several risks remain despite the positive technical structure.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 29 August 2026. Not the outlet's figures.
Whalio spot data for TAO shows a price of $236.70 with a 1-hour buy ratio of 54.9% and a 4-hour ratio of 51.7%, indicating short-term buying pressure. This contrasts with the 24-hour buy ratio of 47.8%, suggesting that buying momentum is fading over a longer timeframe. The 1-hour volume delta is positive at +$23,455, while the 4-hour delta is +$51,838, showing recent net inflows. However, the 24-hour volume delta is -$1,189,560, and the Cumulative Volume Delta closed at -$1,349,915, indicating net selling over the full day. Net buying occurred for only 11 of the 24 hours, with total spot volume reaching $28,064,242 across 150,157 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.
Twenty-four hours later
What TAO did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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 50.2%, with the latest day showing a 2.4-point drop from that average. Trading volume was 0.79 times the weekly average, indicating lower than usual activity. The coin experienced net buying on only 3 of the 7 days, compared to the 11 days of net buying in the immediate 24-hour window. Price changed by +3.0% over eight days, with a total volume delta of +$2,875,485 for the period. This recent 24-hour performance represents an unusual day of net buying relative to the mixed weekly trend.