- TAO surged 13.81% to $397.01, rebounding strongly from the $346 support level after recent sharp declines.
- RSI at 56.82 and MACD crossover near 5.08/3.76 signal improving short-term momentum and moderate market strength.
- Trading volumes exceeded 72.94M TAO, showing renewed market participation as the price consolidates below the $412 resistance zone.
The digital asset TAO recorded a significant recovery today, trading at $397.01, marking a 13.81% intraday increase. The asset’s current 24-hour range shows a high of $412.80 and a low of $346.51, indicating sharp price movement within a wide band. The market’s trading activity was notable, with 24-hour volume reaching 72.94 million TAO and 27.56 million USDT in turnover. This performance positions TAO among the top-traded assets within the session.
Short-Term Price Recovery Gains Momentum
The TAO has increased sharply after making a recovery on the eight-hour chart and it has recovered after falling to the $346 support level and had hit highs of about 479. The current price range is between 380 and 398 which is an indication that new purchasing momentum has set in after a drastic downward correction. It is significant to note that the earlier steep decline down to 183.85 is currently used to mark the lower range of the current accumulation since it is used as the historical pivot.
Momentum indicators reinforce this renewed strength. The moving average lines (MA57 and MA108) show tightening gaps, implying a possible transition phase. Trade volume also resumed in the previous few sessions and this was to confirm the active market participation on both sides. The recovery, however, is still in a shaky area with the traders monitoring when it stabilizes above the $400 mark.
Technical Indicators Indicate Mildly Positive Bias
Data from TradingView for the Bittensor/USDT pair on MEXC supports the same trend. Relative strength Index (RSI 14) is approximately 56.82 whereas the signal value is approximated to be 57.46. These readings indicate the moderate strength, remaining relatively in the neutral-to-bullish zone.
Source: TradingView The MACD (12, 26) has also been positive crossed over, the MACD line is 5.08 the signal line is 3.76 and the histogram is in positive territory of 1.32. The values indicate the positive momentum on the market, which is correlated with the recent positive price fluctuations on KuCoin.
Market Behavior Reflects Renewed Participation
The synchronized activity across exchanges highlights improving trader sentiment after the earlier decline. As volumes expand, short-term volatility may remain elevated, particularly near the $400–$412 resistance zone. Traders appear focused on whether TAO can maintain levels above $380, which would validate current momentum.
The observed strength across timeframes suggests that TAO’s near-term behavior is defined by volume-driven movements rather than broad market correlation. Notably, recent trading patterns show that buyers have gradually absorbed prior losses, indicating a recalibration phase in progress.
