Bittensor TAO Tests Critical Support After 30% Monthly Drop as Halving Fails to Ignite Rally
Bittensor’s TAO has shed a devastating 30.7% over the past month, currently trading at $230.1 after the much-anticipated halving event failed to deliver the expected price surge. The token’s performance stands in stark contrast to pre-halving speculation, with price action darting through multiple support levels before finding temporary stability at the monthly low of $215.1. The main question for traders is: can bulls defend this critical support zone and mount a reversal, or will selling pressure push TAO toward the psychological $200 level?