๐ TAIKO/USDT โ Breakout Signal
โฐ 4H Chart Analysis
๐ Current Price: $0.4087
๐ผ Entry Zone: $0.4120 โ $0.4200 (upon breakout confirmation)
๐ฏ Targets:
TP1: $0.4350
TP2: $0.4550
TP3: $0.4810 (key resistance from previous structure)
๐ Stop Loss: $0.3860
๐ 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.
๐ก Pro Tip: Monitor volume closely. Weak volume near breakout could signal a false move.