๐Ÿ“ˆ TAIKO/USDT โ€“ Breakout Signal

โฐ 4H Chart Analysis

๐Ÿ“ Current Price: $0.4087

๐Ÿ”ผ Entry Zone: $0.4120 โ€“ $0.4200 (upon breakout confirmation)

๐ŸŽฏ Targets:

TP1: $0.4350

TP2: $0.4550

TP3: $0.4810 (key resistance from previous structure)

๐Ÿ›‘ Stop Loss: $0.3860

๐Ÿ“Œ Setup Insight:

TAIKO is showing bullish momentum after a prolonged downtrend and consolidation. The recent breakout above the local range high ($0.408โ€“$0.412) with increased volume signals a potential trend reversal or rally. Watch for candle close above $0.412 with sustained volume to confirm entry.

๐Ÿ’ก Pro Tip: Monitor volume closely. Weak volume near breakout could signal a false move.