$TAIKO O — upside capped, every bounce getting faded.

Short $TAIKO

Entry: 0.198 – 0.205

SL: 0.212

TP1: 0.186

TP2: 0.172

TP3: 0.158

Price has pushed back into the previous supply zone but failed to hold, with sellers stepping in aggressively at these levels. Momentum is turning lower again, and the recent push higher looks more like a corrective bounce than a true trend reversal. As long as this zone rejects price, downside continuation remains the higher-probability move.

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