$M is testing the $1.217 resistance after completing a strong V-shaped recovery from the $0.53 bottom. Price has broken above the previous consolidation range with aggressive bullish candles, while RSI remains above 90, reflecting powerful momentum as buyers challenge the recent swing high.

Setup:

Entry: $1.17 - $1.20

Target 1: $1.25

Target 2: $1.34

Target 3: $1.45

Stop-loss: $1.10

A sustained close above $1.217 would confirm the breakout and open the door for another impulsive leg higher. As long as $1.10-$1.12 holds as support, the bullish structure remains intact, with strong momentum favoring continuation toward higher targets.
Trade #m here

$TAIKO $NFP