$TAIKO /USDT — SHORT SETUP
Market: Bearish | Lower highs & lower lows
Entry Zone: $0.1255 – $0.1285 (Rejection at EMA 25 / 1H)
Stop Loss: $0.1345 (Above EMA 99 & recent swing high)
Take Profit 1: $0.1150
Take Profit 2: $0.1080
Risk : Reward: ~1:2.4
Support: $0.1200 | $0.1060 (ATL)
Resistance: $0.1310 | $0.1500
Why SHORT:
• EMA bearish stack (7 < 25 < 99)
• Price rejected at EMA 25 multiple times
• Volume confirms distribution on red candles
• Downtrend reinforced by Altcoin Season Extreme Fear
⚠️ Invalidation: 4H close above $0.1310 → exit shorts
Trade$TAIKO
TAIKOUSDT
Διην.
0.1334
+5.37%