đ $TAKE â Post-Spike Distribution Setup
$TAKE made a sharp spike to 0.050 but faced a strong rejection, followed by sideways price action. The current structure suggests distribution after the pump, increasing the risk of further downside.
đŻ Entry Zone:
âą 0.035 â 0.037
đ Stop-Loss:
âą 0.041
đ Downside Targets:
âą TP1: 0.032
âą TP2: 0.029
âą TP3: 0.025
đ Technical Note:
If the 0.034 support breaks decisively, sellers could accelerate the move lower. Expect fast volatility â strict risk management is essential.
â ïž Trade carefully and avoid overexposure.