The recent upward momentum has failed to sustain, and the price appears hesitant below the key resistance level. Meanwhile, indicators such as RSI and volume show clear overbought and momentum exhaustion signals. This suggests limited upside potential, and once selling pressure intensifies, a quick profit-taking wave is likely to follow.
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WalkingAndRunning
· 6h ago
You this damn dog, calling a short squeeze, now I can confidently go long.
$TAKE 's rally shows signs of fatigue before the key resistance level, with selling pressure accumulating.
Short $TAKE now
Entry: 0.02730 – 0.02750
Stop Loss: 0.03050
Take Profit 1: 0.02350
Take Profit 2: 0.02050
Take Profit 3: 0.01930
The recent upward momentum has failed to sustain, and the price appears hesitant below the key resistance level. Meanwhile, indicators such as RSI and volume show clear overbought and momentum exhaustion signals. This suggests limited upside potential, and once selling pressure intensifies, a quick profit-taking wave is likely to follow.
Trade $TAKE 👇 here