$TAIKO (15m) Bias: Bearish 🔴


$TAIKO Trade Plan (Safe Short)
Entry: 0.2850–0.3000
SL: 0.3250

TP1: 0.2500
TP2: 0.2200
TP3: 0.1850

$TAIKO Analysis: The parabolic move to 0.5312 has completely lost momentum, and price just broke down from a distribution range with a strong impulsive sell candle. Market structure has shifted bearish on the lower timeframe, favoring continuation to the downside unless buyers reclaim 0.3250 and hold above it.
TAIKO-2.68%
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