TAOP – Reverse Split | Momentum Coil | Pre-Breakout Setup

29 พ.ค.

Category: Setup 5 / 10
Trigger: Reverse Split 1:30 (29.05.2025)
Float: ~12.7M | Short Float: ~31%
Sector: Tech / Smart City / Blockchain
Pattern: Compression Coil under EMA200
Volume: Building | BB tightening
News: Reverse Split + China Smart Terminal Contracts
Bias: Long – Awaiting Breakout Trigger

TAOP is forming a classic Split-Triggered Momentum Coil right under the EMA200.
The chart shows tight consolidation between EMA10/20 with multiple wick attempts to break above $0.30.

With a high short interest (~31%), a tiny float (~12M), and confirmed reverse split catalyst, the setup is in the final compression phase.

What we’re watching for:

• Clean breakout + close over $0.305
  
• Retest or micro-flag above resistance
  
• Volume spike confirmation
  
• Entry target: $0.305–0.315
  
• SL: ~–3% under reclaim wick
  
• TP zones: $0.34 / $0.36 / open sky if squeeze hits
  

Sentiment Watch:
Minimal hype so far – a stealth mover with delayed reaction possible
If social buzz kicks in → Squeeze potential is massive

Conclusion:
TAOP is a prime candidate for a delayed breakout. If volume steps in, the coil pops.
Still no entry until structure confirms – but high-alert status for today/tomorrow.

30 พ.ค.

ออร์เดอร์ถูกยกเลิก

The 1:30 reverse split was real – but the breakout wasn’t.
Price never reached the entry zone. Instead: heavy fade with increasing volume.

No entry triggered = no risk taken.
Great reminder: “The story doesn’t matter if the price doesn’t move.”

Setup cancelled.
Moving on.
— Daddy Djole