To be honest, while everyone else is betting that this rebound will continue, I think the contrarian “buying the dip” money-making window is actually worth paying attention to. The short-term rebound strength for $TAIKO is decreasing; each rebound high is being pushed lower, which is one of the most common acceleration signals in a bearish structure. When volume increases during the rebound, there’s no real sense of follow-through—once price approaches the resistance zone, it gets knocked back down.
Going short doesn’t mean there’s no risk, but with the current risk-reward ratio, placing a short trade really feels more comfortable than chasing longs. The defensive level is clear, and there’s enough room on the downside—just be patient and wait for the right rhythm in this market.
🔴 Trade Direction: Short
📍 Entry Range: 0.0707806 – 0.0709562
🛑 Stop Loss: 0.0729453
🎯 Take Profit 1: 0.0693107
🎯 Take Profit 2: 0.0682723
🎯 Take Profit 3: 0.0667146
Observe the vastness of the mountains and seas, and read the subtle changes in the market.
Travel alongside Uncle Xiong, and see profits and losses across the skies.
#TAIKO
Click below to trade 👇
Going short doesn’t mean there’s no risk, but with the current risk-reward ratio, placing a short trade really feels more comfortable than chasing longs. The defensive level is clear, and there’s enough room on the downside—just be patient and wait for the right rhythm in this market.
🔴 Trade Direction: Short
📍 Entry Range: 0.0707806 – 0.0709562
🛑 Stop Loss: 0.0729453
🎯 Take Profit 1: 0.0693107
🎯 Take Profit 2: 0.0682723
🎯 Take Profit 3: 0.0667146
Observe the vastness of the mountains and seas, and read the subtle changes in the market.
Travel alongside Uncle Xiong, and see profits and losses across the skies.
#TAIKO
Click below to trade 👇