$TAIKO has recorded $4.353K in short liquidations at $0.42706, signaling that bearish positions are being squeezed as buyers regain momentum. This type of liquidation often marks the beginning of a stronger bullish move when supported by rising volume.
Support: $0.418
Resistance: $0.438
Next Target: $0.455 – $0.472
A successful breakout above resistance could invite fresh buying pressure and extend the rally. As long as support holds, bulls remain in control. Wait for confirmation before entering and maintain disciplined risk management.
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