TAIKO recently broke above $0.1800 and then entered consolidation, forming a typical ascending flag pattern. However, the trading volume seems a bit insufficient, and the KDJ indicator has also shown a bearish divergence signal, which raises concerns about the sustainability of the current trend.



From a technical perspective, it is very likely to retest the support around $0.1785 in the short term. This level is a critical defensive line. If you are long at a high level, it is recommended to set your stop loss below $0.1775 to give yourself some buffer.

The current question is—has the bullish momentum truly faded? Or is this just a normal technical correction? Whether the support at $0.1785 can hold will be the focus moving forward.
TAIKO-4,81%
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OnchainGossipervip
· 14h ago
Honestly, I've seen too many false signals of top divergence. It's hard to believe that $0.1785 will really hold.
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NFTragedyvip
· 14h ago
Low trading volume makes it a bit fake; the flag pattern looks nice but doesn't feel sustainable. As soon as the bearish divergence appears, I start to panic. Whether 0.1785 can hold is really the key. Be cautious with the bulls at high levels; stop-loss at 0.1775 might need to be moved further down. Is this a genuine correction or a trap? Honestly, it's a bit hard to see through.
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DegenDreamervip
· 14h ago
Top divergence + low trading volume, this combination is a bit dangerous, feels like a breakdown is coming --- If $0.1785 can't hold, it will drop straight through, no middle ground --- It's a flag pattern again, and a support level, feels like every day is a "critical moment" --- Honestly, nobody knows what will happen, let's wait and see --- The bullish momentum isn't as strong as a few days ago, beware of a wave --- Set stop-loss at $0.1775, this move is too conservative or just right --- No need to look at low volume, rebounds are all fake --- Is it really going to crash below $0.1785? Can the bulls hold on, guys? --- Top divergence is the most annoying thing, once confirmed, there's no suspense --- Everyone buying now is probably a bagholder, doesn't feel very good
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GasFeeLadyvip
· 14h ago
ngl the volume situation here is giving me serious frontrun vibes... that KDJ divergence? classic setup for a rug, tbh. watching that 0.1785 like it's my gas oracle fr
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RugPullAlarmvip
· 14h ago
Insufficient volume + bearish divergence, this combination is outrageous... Need to check how the big account addresses have been moving these days, feels like a dump is coming.
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GasFeeTherapistvip
· 14h ago
Top divergence + low volume... This combination makes me a bit uneasy, I feel like 0.1785 won't hold. --- Both a flag pattern and a support level, I've been talking about it for a while, but it's still a gamble whether it can break through. I just want to know if I can still get on board now. --- Insufficient trading volume needs to be taken seriously; it can easily lead to false breakouts... I bet it will break below 0.1775. --- The bullish momentum is really cooling off, otherwise the top divergence wouldn't be so obvious. It looks a bit uncomfortable. --- Hmm... this wave might just be a normal correction, but I don't dare to gamble. Setting the stop-loss at 0.1775 is safer. --- Why does it feel like this support level keeps breaking? The defense line in the crypto world is really not solid. --- KDJ top divergence + decreasing volume, these two together are a slowdown signal, and there's a high chance of a pullback. --- If 0.1785 can really hold, then there's hope later. Anything said now is still early.
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