TAO’s Pullback Renews Focus on Bittensor’s $252-$255 Support Zone

Bittensor’s native token, TAO, traded near $265 at 5 a.m. ET (09:00 UTC) Oct. 22 as a retreat from September’s advance toward $340 brought a $252-$255 chart zone back into focus.

That band had served as resistance before the advance and is now a potential support area. The chart marks $280 as an initial recovery level; a move above $300 with increased volume would offer stronger evidence of a reversal attempt. A four-hour close below $252 would put $215 in view.

Those figures are technical scenarios, not confirmed changes in network activity. Bittensor uses TAO as the native token of the Subtensor blockchain. Work takes place off-chain in subnets, each with its own alpha token that trades against TAO.

An earlier three-day TAO correction also coincided with open interest shrinking 10% in a 24-hour stretch.