🚨 Trading Plan: $TAKE
(Downward correction / short trade) 🚨
The price of $TAKE rose by more than +250% in a vertical upward move, breaking above the highest local peak at 0.21470 before leaving a long upper wick—indicating immediate profit-taking and the likelihood of the upward momentum becoming exhausted in the short term.
📉 Expected Direction: Down / Short (quick correction)
📌 Entry Zone:
• Entry Price: 0.20000 - 0.20600 (current price / pullback toward resistance)
🛑 Stop Loss (SL):
• Stop Loss: 0.21850 (above the peak at 0.21470)
🎯 Price Targets (TPs):
• Target 1 (TP1): 0.18780 (first support level)
• Target 2 (TP2): 0.15310 (mid-range liquidity zone)
• Target 3 (TP3): 0.11840 (retest of the main structure)
⚠️ Risk Management: Very high volatility after this rocket-like rally. Please manage risk carefully and use low leverage!
(Downward correction / short trade) 🚨
The price of $TAKE rose by more than +250% in a vertical upward move, breaking above the highest local peak at 0.21470 before leaving a long upper wick—indicating immediate profit-taking and the likelihood of the upward momentum becoming exhausted in the short term.
📉 Expected Direction: Down / Short (quick correction)
📌 Entry Zone:
• Entry Price: 0.20000 - 0.20600 (current price / pullback toward resistance)
🛑 Stop Loss (SL):
• Stop Loss: 0.21850 (above the peak at 0.21470)
🎯 Price Targets (TPs):
• Target 1 (TP1): 0.18780 (first support level)
• Target 2 (TP2): 0.15310 (mid-range liquidity zone)
• Target 3 (TP3): 0.11840 (retest of the main structure)
⚠️ Risk Management: Very high volatility after this rocket-like rally. Please manage risk carefully and use low leverage!
