🔻 #TAIKO /USDT – CONTINUES ITS FREEFALL, SHORT OPPORTUNITY CONFIRMED!
$TAIKO is steadily dropping with no signs of strong recovery. Price broke below $0.596, tested a weak bounce, and is now struggling to hold above $0.57 — forming consistent lower highs and lower lows. Bears are clearly in control.
📉 Short Trade Setup:
Entry: $0.5710
Take Profit (TP): $0.5539
Stop Loss (SL): $0.5962
Why Short?
Strong bearish trend across 1H timeframe.
Failed bounce attempts show seller dominance.
Next support lies near $0.554 — a breakdown continuation target.
Risk Management: Place SL tightly above the last bounce wick to manage downside risk.
Don’t let this breakdown pass — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#TAIKO #CryptoTrading #ShortSetup #BearishSignal
$TAIKO