🚨 $TAIKO
TAIKO
Alpha
0.12533
-2.73%
SHORT 🚨
🎯 Targets:
TP1: $0.1309 (Bollinger MB)
TP2: $0.1268 (Bollinger DN)
TP3: $0.1220 (Support)
📉 Why Short:
• Price at Bollinger Upper Band ($0.1351) = resistance
• RSI(6) at 70.68 (overbought), RSI(14) at 69.19 (approaching overbought)
• Volume collapsing (current 142K < MA5 511K) = momentum fading
• 7D pump +13.38% but 30D still -27.15% – relief rally topping
• Rejection wicks visible at $0.1352 resistance
🔑 Levels:
Resistance: $0.1352 / $0.1380
Support: $0.1309 (MB) / $0.1268 (DN) / $0.1220
⚡ Entry: $0.1335 – $0.1345
🛑 SL: $0.1370 (2% risk)
📈 R/R: 4:1 to TP2
⚠️ Risk: Missing order book data; could squeeze higher if volume returns. Wait for confirmation below $0.1330.