Phantom: TAO Tops Trader Longs List

Phantom data reveals TAO at 97.4% longs, COPPER at 94.2% and MICROSOFT at 92.9% even as broader crypto market crash pressure lingers.

Traders on the platform continue to favor TAO for its AI industry impact exposure amid the 2026 downturn.

Price action on the 4h chart shows TAO at $203.6 testing the lower Bollinger Band support near $202.55 while EMA50 resistance at $211.16 and EMA200 at $223.5 cap upside; RSI at 37.25 stays neutral yet MACD death cross at -2.04 confirms bearish momentum, pointing to likely rejection at upper band $219.58 before any test of 50-EMA confluence.