$TAIKO – A short-selling opportunity from a strong resistance zone 🔻



📍 Entry zone (Short): 0.07803 – 0.07847
🛑 Stop-loss: 0.07998
🎯 Step-by-step targets:

· First target: 0.07695
· Second target: 0.07608
· Third target: 0.07478

The entry range is very narrow, and the stop-loss is clearly set just above the top, giving you a risk/reward ratio of more than 1:3 at the final target. Entering from this zone is better than waiting until a breakdown occurs.

The immediate momentum shows signs of slowing; the price is hitting strong resistance while forming higher lows that are at risk of breaking. Volume supports the likelihood of a drop.

🗣️ Do you enter the sell now, or do you prefer to wait for confirmation of a support break?

⚠️ Reminder: This is my personal technical analysis, not financial advice. Risk management is the foundation of success.

#taiko #ShortSetup #Breakdown #Altcoin #CryptoAnalysis
TAIKO1.75%
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