Bittensor's Price Plummets as Seller Dominance Takes Hold

Bittensor (TAO) has experienced significant price action in recent days, trading at $235.8 after falling 7.31% over the past day with a gap down opening.

The current price is below its key moving averages, indicating ongoing downside momentum and confirming seller dominance, according to technical analysis.

A strong sell signal from MACD supports this view, while Bull/Bear Power indicates seller dominance, and RSI stands at 33.11, firmly in oversold territory.

The expected price range for TAO/USD is $223.97 to $247.63 over the next 2-3 sessions, with limited upside probability of 25% due to prevailing bearish momentum.