🔥 TAIKO — moment of truth at EMA99: are we catching a reversal or missing the entry?
Brief:
On the 1H timeframe, $TAIKO showed an impulsive rise and is now gently correcting towards EMA99. The zone looks like a potential support for a bounce, but confirmation is key. The market is holding its breath 👀
🚨Indicators (compressed checklist):
EMA99: 0.1777 — key support, decision-making zone
RSI(14): 48.01 — neutral, room for upward movement
StochRSI: 4.93 — oversold, possible early signal for a bounce
📈 Trading plan
Main scenario: LONG on confirmed bounce from EMA99 (price reaction + candlestick confirmation).
Targets:
1️⃣ 0.1876 (+3.5%)
2️⃣ 0.1930 (+6.5%)
3️⃣ 0.2000 (+10.5%)
Entry:
Conservative: 0.1820 — after confirmation of the bounce
Aggressive: 0.1813 — current levels, quick risk/profit
Stop-loss: 0.1570 — below support, protection against false bounce
🧠 Conclusion
The EMA99 zone is the center of attention. Holding the support and reversal signals will open a comfortable long with clear targets. Losing the level is a reason not to rush and wait for a new structure.
Trading 👉$TAIKO
