TAO tests resistance as tradersunion reports bullish momentum
Bittensor (TAO)
Editor:
Eugene Serbin
tradersunion.com reported on 21 September 2026 that Bittensor (TAO) was trading at $273.1, marking an 8.03% daily increase. The asset is positioned above key moving averages, including the MA-20 at $262.4 and the MA-50 at $261.18. Support levels are established beneath the current price, with the Ichimoku Kijun at $260.7 serving as the first significant technical support.
Momentum indicators such as MACD, ADX, and the Awesome Oscillator signal buying pressure, while the RSI sits at 60.12. Oscillators like Stoch RSI, CCI, and Bull/Bear Power highlight overbought conditions. Despite aggressive price action, divergence suggests early signs of exhaustion.
Tradersunion estimates a 78% probability of an upward breakout from the $254–$286.56 range. Conversely, a breach below $260.7 carries a 22% probability of testing the range's lower bound. This setup marks a shift from previous bearish momentum and heavy trading activity. Sustaining price above $260.7 is critical for further upside potential.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Whalio data shows TAO trading at $261.70, with a 1-hour buy ratio of 54.4% and a 4-hour ratio of 53.7%. These short-term figures indicate a majority of buyers, contrasting with the 24-hour buy ratio of 48.8%. The volume delta reflects this shift, showing positive inflows of +$342,101 over one hour and +$501,362 over four hours. However, the 24-hour volume delta is -$837,423, indicating net selling pressure over the longer timeframe. The Cumulative Volume Delta (CVD) for the 24-hour close is +$1,399,230, suggesting that buying volume has outweighed selling volume over the full day. Net buying occurred in 14 of the 24 hours, with a total spot volume of $35,614,836 across 179,231 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 50.1%, making the latest day's reading 1.2 percentage points lower. Volume for the day was 1.34 times the weekly average, indicating heightened activity. Net buying occurred on only 3 of the 7 days, contrasting with the 14 hours of net buying recorded in the last 24 hours. The price increased by 13.0% over the eight-day period, with a total volume delta of +$291,271. This suggests that while short-term buying is strong, the weekly trend has seen more mixed sentiment with only half the days showing net buying.