Bittensor [TAO] targets $241 as the ‘AI narrative’ attempts a comeback

ambcryptoPublished on 2026-02-15Last updated on 2026-02-15

Abstract

The crypto AI sector has seen a brief recovery after a significant downturn, with its market cap rising from recent lows. Bittensor (TAO) led this uptick with a notable 30.93% rally, alongside gains in other AI tokens like Render and NEAR Protocol. This suggests a potential shift towards an AI narrative, possibly due to capital rotation from Bitcoin. Despite the short-term upward momentum, TAO's overall trend remains bearish. Technical analysis indicates that while the token could potentially reach short-term bullish targets at $241.4 and $268.2, it faces a key resistance at $302.4 to confirm a bullish structure. Given current market sentiment and Bitcoin's bearish bias, this appears unlikely in the near term. The analysis also suggests TAO might experience volatility, with a possible pullback to the $165-$175 range to fill imbalances before attempting higher climbs. Investors are advised to monitor Bitcoin's performance, as a sell-off could hinder this recovery. The information presented is solely the writer's opinion and not financial advice.

The crypto AI sector has been struggling in recent weeks. Over the past month, it has shed 30.28% in market cap to fall to a combined $14.66 billion capitalization.

However, since Thursday, the 12th of February, the sector has noted some gains.

In this brief uptick phase, Bittensor [TAO] has noted a 30.93% rally. This could be due to capital rotation into altcoins, evidenced by the slight slump in the Bitcoin [BTC] dominance in February.

Other leading crypto AI sector tokens, such as Render [RENDER] and NEAR Protocol [NEAR], were also up 18% and 15% since Thursday’s lows. This could be an early sign of a shift towards an AI narrative.

Should investors bet on a sustained Bittensor recovery?

The 1-day swing structure was bearish, captured by the bearish impulse move the altcoin made in 2026.

The moving averages and the MACD captured the overall bearish momentum lately, although some short-term upward momentum was underway.

The OBV saw a bounce alongside the price, but like the price, remained in a longer-term downtrend.

The current TAO bounce can extend beyond the local $200 supply zone. The Fibonacci retracement levels at $241.4 and $268.2 were the short-term bullish price targets.

To flip the daily timeframe’s swing structure bullishly, TAO has to close a 1-day trading session above January’s high at $302.4.

At the time of writing, this appeared unlikely because of the wider market sentiment and the bearish Bitcoin bias.

Brace for more TAO volatility

The local supply at $202 has been swept, and the H4 chart revealed sizeable imbalances (white box) around $170. This price area also lined up well with the 20- and 50-period moving averages.

Therefore, over the next few days, it is possible that the Bittensor token will drop to $165-$175 to fill this imbalance before climbing higher toward $241 and $268.


Final Summary

  • The AI sector has shown strength over the past four days but has been in a longer-term downtrend.
  • The short-term strength could see leading tokens such as TAO climb past key local resistances in the following days, provided Bitcoin doesn’t witness a sell-off.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

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Related Questions

QWhat is the current market capitalization of the crypto AI sector and how much has it declined over the past month?

AThe crypto AI sector currently has a combined market capitalization of $14.66 billion, having declined by 30.28% over the past month.

QWhich AI tokens have shown gains since Thursday, February 12th, and by how much?

ASince Thursday, February 12th, Bittensor (TAO) has rallied 30.93%, Render (RENDER) is up 18%, and NEAR Protocol (NEAR) is up 15% from their lows.

QWhat are the short-term bullish price targets for Bittensor (TAO) according to Fibonacci retracement levels?

AThe short-term bullish price targets for TAO are the Fibonacci retracement levels at $241.4 and $268.2.

QWhat does TAO need to do to flip its daily timeframe's swing structure to bullish?

ATo flip the daily timeframe's swing structure bullishly, TAO has to close a 1-day trading session above January's high at $302.4.

QWhat potential price movement is expected for TAO in the near future according to the H4 chart analysis?

AThe H4 chart analysis suggests TAO could drop to the $165-$175 range to fill a sizeable imbalance around $170, which aligns with the 20- and 50-period moving averages, before potentially climbing higher toward $241 and $268.

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