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$TAIKO Market Insight 🚀
A $5K+ short liquidation on TAIKO suggests bears were caught off guard as price climbed. This usually reflects improving buyer confidence, although the liquidation size is relatively modest compared to major assets. Holding above $0.0710 keeps the short-term trend constructive, while resistance near $0.0745 is the first level bulls need to reclaim. If buyers maintain pressure, TAIKO could continue toward $0.0770 and potentially $0.0800. Failure to hold support may result in another consolidation phase before the next directional move.
🎯 Target: $0.0745 → $0.0770 → $0.0800
🛡 Support: $0.0710 / $0.0695
🚧 Resistance: $0.0745 / $0.0770
⛔ Stop Loss: Below $0.0690
➡️ Next Move: Mildly bullish.
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