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$TAKE The rebound shows signs of fatigue at the key resistance level, and sellers are starting to take control of the momentum.
Go short now $TAKE
Entry: 0.05070 – 0.05085
Stop loss: 0.05150
First target: 0.0475
Second target: 0.04148
Third target: 0.03500
The initial bullish momentum has dissipated, and the price has significantly retreated from the signal high. This rebound was accompanied by capital outflows, indicating insufficient buying strength. The death cross on the MACD further confirms the dominance of the bears. As the price struggles below a long-validated strong resistance level, selling pressure is building up, which typically signals a deeper correction as long as the sellers remain in control.
Short here $TAKE 👇