Yello Paradisers ! #TAIKOUSDT is demonstrating impressive resilience amidst the market-wide dump, maintaining its position at critical support levels. Could this be the calm before the storm, signaling a significant move ahead? Let’s break it down.
💎#TAIKO has been trading above its crucial support zone for days, forming a stable foundation.This robust base suggests a strong probability of upward momentum.
💎The pair recently broke out of a descending trendline, retested it successfully on lower timeframes, and is showing early signs of strength.However, the market structure is still in flux, and a complete shift is yet to occur.
💎A pullback to the trendline is possible before any sustained upside move. This would allow the price to gather strength for its next leg up.
💎TAIKO is now trading just above the quarterly VWAP, which acts as a strong dynamic support. This adds confluence to the bullish narrative, suggesting that bulls are active and preparing for an upward push.
💎Immediate resistance lies at $2.32–$2.39. Once flipped into support, this could pave the way for a push towards the next significant resistance at $2.79–$2.88.
💎For the bullish scenario to remain valid, the price must hold above the major support zone. A decisive candle close below this level could signal a shift in momentum and invalidate the upside potential.
💎TAIKO's near-term trajectory will depend heavily on how it handles the retests of key support and resistance zones. A breakout above resistance could trigger a strong rally, while failure to hold critical levels might indicate more downside pressure.
💎As always, patience and discipline are key. The market rewards those who wait for clear confirmations before taking action. Will TAIKO achieve a bullish structure shift and outperform the market? Time will tell, but the signs are promising.
Consistency, patience, and strategic execution are the keys to long-term success. Remember, Paradisers, trading is a game of probabilities, not guarantees. Stay disciplined, and let the market come to you. Always wait for the best setups.
MyCryptoParadise
iFeel the success🌴
💎#TAIKO has been trading above its crucial support zone for days, forming a stable foundation.This robust base suggests a strong probability of upward momentum.
💎The pair recently broke out of a descending trendline, retested it successfully on lower timeframes, and is showing early signs of strength.However, the market structure is still in flux, and a complete shift is yet to occur.
💎A pullback to the trendline is possible before any sustained upside move. This would allow the price to gather strength for its next leg up.
💎TAIKO is now trading just above the quarterly VWAP, which acts as a strong dynamic support. This adds confluence to the bullish narrative, suggesting that bulls are active and preparing for an upward push.
💎Immediate resistance lies at $2.32–$2.39. Once flipped into support, this could pave the way for a push towards the next significant resistance at $2.79–$2.88.
💎For the bullish scenario to remain valid, the price must hold above the major support zone. A decisive candle close below this level could signal a shift in momentum and invalidate the upside potential.
💎TAIKO's near-term trajectory will depend heavily on how it handles the retests of key support and resistance zones. A breakout above resistance could trigger a strong rally, while failure to hold critical levels might indicate more downside pressure.
💎As always, patience and discipline are key. The market rewards those who wait for clear confirmations before taking action. Will TAIKO achieve a bullish structure shift and outperform the market? Time will tell, but the signs are promising.
Consistency, patience, and strategic execution are the keys to long-term success. Remember, Paradisers, trading is a game of probabilities, not guarantees. Stay disciplined, and let the market come to you. Always wait for the best setups.
MyCryptoParadise
iFeel the success🌴
Trade active
Bingo! Trading is easy when you have right strategy and timing to execute the plan.Just as we predicted #Taiko has surpassed the minor resistance and up about 9.80% and looking great for a probable upside moves.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.