$TAIKO is trying to stabilize after a sharp and aggressive move earlier.

Price spiked to a 24h high of 0.2632, then saw a strong selloff all the way down to 0.1661 before buyers stepped in. It’s now trading around 0.2174, up +18.41% on the day.

Despite the volatility, participation is huge.

Over 715.79M TAIKO traded in the last 24 hours, equal to about 166.08M USDT, showing strong interest even after the pullback.

After printing the local low near 0.2050, TAIKO has started to move sideways with tighter candles. The panic selling has cooled, and price is attempting to build a short-term base.

If this consolidation holds and buyers keep absorbing supply, TAIKO could look for a push back toward the mid-range levels again.

#Mag7Earnings #ClawdbotTakesSiliconValley #ETHWhaleMovements