A recent study says yes…

“The results indicated that CAI individuals running with KT might decrease the subtalar eversion angle and Chopart oblique angle during the stance phase.

Differences in joint moments were observed at the ankle and subtalar joints during the running stance phase, with smaller ankle plantarflexion and inversion subtalar joint moments in the LT (long tape) condition compared to the NT (no tape) and ST (short tape) conditions.

Furthermore, LT was found to decrease the ankle ligament force and increased the force of lateral gastrocnemius muscle, soleus, peroneus longus, and peroneus brevis in individuals with CAI during the stance phase.

These findings suggest that KT might reduce ankle ligament force and the risk of ankle sprains in individuals with CAI during running.”

https://pubmed.ncbi.nlm.nih.gov/40642921/