According to AMBCrypto’s technical analysis, TAO appeared likely to continue its downside move in the coming days at press time. Especially since it has failed to reclaim the key $207-level, which it broke down from on 31 January 2026.
On the daily chart, it was also evident that the crypto crossed this key level twice in recent days. However, due to strong selling pressure and broader market sentiment, it failed to sustain a position above it.
Additionally, $TAO latest price reversal was observed near the 0.618 Golden Fibonacci level.
Source: TradingView
Based on the price action and historical chart patterns, if TAO holds below the key level, it could continue its downside move and may decline another 18% to reach the $144 liquidity level. On the other hand, a reversal would only be possible if $TAO successfully reclaims the key level.
Additionally, the technical indicator Average Directional Index (ADX), which measures trend strength, had a value of 33.62—above the key threshold of 25. This alluded to strong directional momentum across the board.

