A $1.10K SHORT liquidation just triggered at $0.2172, forcing bearish positions to close and easing short-term selling pressure. This liquidation often acts as a momentum catalyst when price holds above the trigger level.

With shorts flushed, $TAIKO is now trading at a key reaction zone. If buyers maintain control and volume supports the move, $TAIKO could extend higher from here. Failure to hold may result in brief consolidation before continuation.

Trade Setup

EP: 0.2145 – 0.2190

TP1: 0.2320

TP2: 0.2525

TP3: 0.2850

SL: 0.2070

Short liquidations shift market balance — let price action confirm direction.

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