Category: Setup 5 / 10
Trigger: Reverse Split 1:30 (29.05.2025)
Float: ~12.7M | Short Float: ~31%
Sector: Tech / Smart City / Blockchain
Pattern: Compression Coil under EMA200
Volume: Building | BB tightening
News: Reverse Split + China Smart Terminal Contracts
Bias: Long – Awaiting Breakout Trigger
TAOP is forming a classic Split-Triggered Momentum Coil right under the EMA200.
The chart shows tight consolidation between EMA10/20 with multiple wick attempts to break above $0.30.
With a high short interest (~31%), a tiny float (~12M), and confirmed reverse split catalyst, the setup is in the final compression phase.
What we’re watching for:
Sentiment Watch:
Minimal hype so far – a stealth mover with delayed reaction possible
If social buzz kicks in → Squeeze potential is massive
Conclusion:
TAOP is a prime candidate for a delayed breakout. If volume steps in, the coil pops.
Still no entry until structure confirms – but high-alert status for today/tomorrow.
Trigger: Reverse Split 1:30 (29.05.2025)
Float: ~12.7M | Short Float: ~31%
Sector: Tech / Smart City / Blockchain
Pattern: Compression Coil under EMA200
Volume: Building | BB tightening
News: Reverse Split + China Smart Terminal Contracts
Bias: Long – Awaiting Breakout Trigger
TAOP is forming a classic Split-Triggered Momentum Coil right under the EMA200.
The chart shows tight consolidation between EMA10/20 with multiple wick attempts to break above $0.30.
With a high short interest (~31%), a tiny float (~12M), and confirmed reverse split catalyst, the setup is in the final compression phase.
What we’re watching for:
- Clean breakout + close over $0.305
- Retest or micro-flag above resistance
- Volume spike confirmation
- Entry target: $0.305–0.315
- SL: ~–3% under reclaim wick
- TP zones: $0.34 / $0.36 / open sky if squeeze hits
Sentiment Watch:
Minimal hype so far – a stealth mover with delayed reaction possible
If social buzz kicks in → Squeeze potential is massive
Conclusion:
TAOP is a prime candidate for a delayed breakout. If volume steps in, the coil pops.
Still no entry until structure confirms – but high-alert status for today/tomorrow.
Order cancelled
The 1:30 reverse split was real – but the breakout wasn’t.Price never reached the entry zone. Instead: heavy fade with increasing volume.
No entry triggered = no risk taken.
Great reminder: “The story doesn’t matter if the price doesn’t move.”
Setup cancelled.
Moving on.
— Daddy Djole
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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.
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.