Binance Family
$TAIKO
TAIKOUSDT
Perp
0.2087
+5.13%
Strong Breakout Signal
TAIKO has shown an impressive breakout on the hourly chart, rising over 17% after stabilizing closely around the 0.20 area. This explosive candle indicates the entry of new buying strength into the market, and if the momentum continues above 0.2300, it may push the price towards higher resistance levels. The increase in volume confirms renewed interest, making this level a key support to watch for continued movement.
Trading Setup:
Entry Area: 0.2250 – 0.2320
Target 1: 0.2400
Target 2: 0.2480
Target 3: 0.2550
Stop Loss: 0.2160