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    Home » TAO price bulls fail to reverse daily bearish trend structure
    Crypto

    TAO price bulls fail to reverse daily bearish trend structure

    James WilsonBy James WilsonDecember 17, 20253 Mins Read
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    TAO price under this zone is like buying Bitcoin under $300, some analysts argue.

    Summary

    • TAO trades in a clear daily downtrend, with price below short and medium EMAs and each bounce sold into.
    • Momentum flips bearish as MACD rolls over and RSI trends lower, signaling sellers still control the tape.
    • A reclaim of nearby resistance could open a higher range, but failure at support would expose TAO to deeper downside.

    TAO has sold off around 5–6% over the last 24 hours and is trading roughly in the mid‑$200s, while still up strongly on a year‑to‑date basis versus early‑2025 levels. Directionally, 24h looks bearish (short‑term correction), while YTD is still structurally bullish but clearly in a mid‑cycle drawdown.

    TAO (TAO) cryptocurrency continued trading within a bearish structure on the daily chart, with recent price action showing sustained selling pressure and limited buying activity, according to technical analysis.

    TAO price heading to lower closes

    Spot price is around 250–265 USD, with a 24h change of about −5.5% to −8% depending on venue.

    Versus that starting point, current ~250–265 USD means TAO is now negative YTD versus the January open but still multiples above its 2023–early‑2024 base, so structurally it remains in a higher regime than the old cycle.

    Momentum indicators reflect weakening bullish pressure, according to chart data. The Moving Average Convergence Divergence (MACD) indicator shows a transition from recovery into renewed weakness, while the Relative Strength Index (RSI) has moved lower, indicating bearish dominance without reaching extreme oversold conditions.

    TAO price bulls fail to reverse daily bearish trend structure - 1

    The asset faces immediate resistance near a short-term ceiling that previously provided support. A move above this level could allow the price to test a higher zone where selling pressure is expected to increase. A more significant shift would require a decisive break above broader structural resistance, which would indicate buyers are regaining control.

    If selling pressure continues, a nearby support cluster represents a critical area where buyers may attempt to stabilize the price. Failure to hold that level would weaken the technical outlook and expose the asset to further declines.

    Order book data shows large bid walls positioned below the current price, suggesting some market participants are prepared to defend lower levels. Substantial ask walls in the mid-range indicate heavy supply overhead. Clearing these sell orders would require increased momentum and volume.

    Long positions may be suited for short-term tactical setups rather than trend-following strategies while the broader structure remains bearish, according to market observers. Short-side strategies align with the prevailing trend, particularly on rallies into resistance, though volatility around key support zones remains a factor.

    The asset maintains a bearish bias on the daily chart, with trend and momentum indicators aligned to the downside. While temporary bounces are possible, the technical structure indicates sellers maintain control until the price can reclaim and hold key resistance levels.

    Bullish or bearish?

    Short term (24h):

    Bearish. Momentum is down, candles are corrective, you’re under recent local support; any “bullish” stance here is purely tactical (fade‑the‑dump scalps), not trend‑following.

    Year‑to‑date / cycle view? Cautiously bullish. TAO is still structurally tied to AI infra + halving‑driven scarcity, and sits far above legacy ranges, but it is in a mid‑cycle drawdown with clear downside risk if AI risk‑assets keep de‑rating.



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    James Wilson

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