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$TAIKO /USDT — SHORT Setup
$TAIKO Everyone’s watching the bounce, but the 4H chart is hinting at a different story 👀
📉 Trade Plan
🔹 Entry: 0.0691089 – 0.0692711
🛑 Stop Loss: 0.0706074
🎯 TP1: 0.0681269
🎯 TP2: 0.0674182
🎯 TP3: 0.0663551
💡 Why this setup?
✅ 1D trend remains bearish
✅ 4H structure confirms downside pressure
✅ 15M RSI: 44.35 — not oversold yet, so there may still be room lower
✅ ATR compression suggests a stronger move could be building, with current bias leaning bearish
🔥 The idea:
This looks like a potential continuation short if price reacts inside the entry zone. With the daily trend weak and the 4H backing the move, the setup favors caution on any bounce.
👀 Question for the market:
Is this the final chance to catch the downside before weekly close,
#Taiko #momentum