Bittensor’s TAO token fell 7.1% on March 20, 2026, trading near $252 amid sustained market pressure. The $235 price zone is now viewed as a critical support level that could determine the asset’s short-term direction. Despite the daily decline, TAO remains up over 17% for the week, and momentum indicators suggest the potential for an early price recovery.
The Bittensor (TAO) cryptocurrency declined 7.1% on March 20, continuing a period of bearish pressure. According to CoinMarketCap data, the token was trading near $252.4 with a market capitalization of $2.69 billion.
Analyst Crypto Tony noted the price faces rejection near the $300 to $320 resistance zone. A break below the $235 support could trigger a deeper correction toward $200.
Momentum indicators suggest hints of a possible early recovery are in sight. The Relative Strength Index (RSI) was at 48.40, while the MACD indicator showed signs of a budding bullish crossover.
The movement around the $235 level is seen as critical for determining the next major trend. This direction could influence overall market sentiment toward AI-based crypto assets.
