A crack has appeared in the surge of buyer control. Although the price hit new highs, trading volume has dried up, indicating waning buying enthusiasm. The momentum feels fragile, entirely dependent on the minority, which makes the price highly likely to reverse quickly under pressure. This structure typically favors the bears, as long as sellers remain active.
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HenanBuffet
· 7h ago
Cannot be empty, still empty. Got stopped out again, right?
$TAKE Rocketing upward shows clear signs of fatigue, with buying momentum drying up.
Go short on $TAKE now.
Entry: 0.0410 – 0.0420
Stop loss: 0.0425
First target: 0.0360
Second target: 0.0317
Third target: 0.0284
A crack has appeared in the surge of buyer control. Although the price hit new highs, trading volume has dried up, indicating waning buying enthusiasm. The momentum feels fragile, entirely dependent on the minority, which makes the price highly likely to reverse quickly under pressure. This structure typically favors the bears, as long as sellers remain active.
The opportunity to short $TAKE is right here 👇