$TAIKO 14:00 closed at 0.07252, breaking above the previous high of 0.06882; at 18:00, it closed at 0.06641, dropping back below that level. This candle had a volume of about 140,000 U, roughly 7.2 times the average volume, with active buying at around 44%. Coin holdings fell by about 4.9%.
The earlier breakout has already been fully retraced, so there’s no need to go long now.
Short entry price: 0.06641
Stop-loss price: 0.06889
Take-profit prices: TP1 0.06393, TP2 0.05897
At TP1, I’ll move the stop loss to the entry price. $TAIKO has a market cap of about 57.5 million. If it gets back above 0.06882 on the 1-hour chart, I won’t take this trade.
#TAIKO #山寨币 #Contract
This is not investment advice.
The earlier breakout has already been fully retraced, so there’s no need to go long now.
Short entry price: 0.06641
Stop-loss price: 0.06889
Take-profit prices: TP1 0.06393, TP2 0.05897
At TP1, I’ll move the stop loss to the entry price. $TAIKO has a market cap of about 57.5 million. If it gets back above 0.06882 on the 1-hour chart, I won’t take this trade.
#TAIKO #山寨币 #Contract
This is not investment advice.
