$TAKE Signal】Long - 1H breakout and retest confirmation, main force clearly intends to support the price



$TAKE The 1H timeframe is strongly oscillating above the EMA20, just completing a test and retest of the previous high at 0.0274, indicating a healthy structure. The 4H timeframe has already stabilized above the EMA20, and the current price of 0.02669 is above the key support at the 4H EMA50 (0.0267), forming multi-timeframe resonance support. Open interest remains stable, and after the price rise, it refuses deep correction, showing strong main force support or short covering demand.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0265 - 0.0267 (Reason: Retest of 4H EMA50 and dense support zone on 1H candlesticks )

🛑Stop Loss: 0.0259 (Reason: Break below recent 1H consolidation box lower boundary and ATR lower band )

🚀Target 1: 0.0274 (Reason: Testing previous high resistance, also a potential double top neckline on the 1H timeframe )

🚀Target 2: 0.0285 (Reason: Breakthrough of previous high, aiming for the 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin experiences high volatility, and the 4H trend has just shifted from down to up, need confirmation )

- Execution strategy: After the price reaches 0.0274 (Target 1), reduce position by 50%, and move the remaining stop loss to the entry price of 0.0267 (break-even). If the price cannot hold above 0.0274 and falls back, exit all positions.

Deep logic: Market depth data shows buy orders are significantly thicker than sell orders (depth imbalance of 2.37%), with large orders stacked below 0.0265, forming a strong support wall. The 1H RSI (60.52) is in a healthy bullish zone, with room to rise. Combining market logic indicating “price rising,” and stable open interest without decline, this is not simply a pump-and-dump, but more like an initial stage of continuous capital inflow. The key is whether volume can break through 0.0274 to open up space.

View real-time market 👇 $TAKE

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TAKE9,37%
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