$TAKE After a wild surge, fatigue has become apparent, and overbought alerts have been triggered.
Be patient and wait for a pullback before going long $TAKE
Entry: 0.0280 – 0.0310
Stop Loss: 0.0260
Take Profit 1: 0.0360
Take Profit 2: 0.0420
Take Profit 3: 0.0485
After a round of over 160% crazy rally, both RSI and MFI indicators have entered extreme levels in history. The short-term buying momentum in the market has reached its limit, and a technical correction is strongly needed. However, the overall bullish structure remains intact, and the MA moving average system still provides perfect support. It is expected that the price will undergo a deep correction to release overbought pressure and prepare for subsequent upward movement. Waiting for stabilization signals within the key support zone of 0.028 - 0.031 offers the highest risk-reward ratio for a long entry.
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$TAKE After a wild surge, fatigue has become apparent, and overbought alerts have been triggered.
Be patient and wait for a pullback before going long $TAKE
Entry: 0.0280 – 0.0310
Stop Loss: 0.0260
Take Profit 1: 0.0360
Take Profit 2: 0.0420
Take Profit 3: 0.0485
After a round of over 160% crazy rally, both RSI and MFI indicators have entered extreme levels in history. The short-term buying momentum in the market has reached its limit, and a technical correction is strongly needed. However, the overall bullish structure remains intact, and the MA moving average system still provides perfect support. It is expected that the price will undergo a deep correction to release overbought pressure and prepare for subsequent upward movement. Waiting for stabilization signals within the key support zone of 0.028 - 0.031 offers the highest risk-reward ratio for a long entry.
Trade $TAKE here 👇