$TAKE /USDT: Is it Time to Short? 📉

$TAKE is pumping hard (+38%), but indicators are flashing Extreme Overbought signals! ⚡

RSI (6): 94.26 (Extremely High!)

Resistance: $0.06134 (24h High)

Gap: Price is too far from EMA 9 (0.0473). Expecting a "Mean Reversion" soon.

🎯 Trading Plan:

Short Entry: $0.0585 - $0.0610

Targets: $0.0520 | $0.0475 | $0.0420

Stop Loss: $0.0630 (Strict!)

⚠️ Caution: Momentum is strong. Use low leverage and manage your risk!

Bearish correction or another leg up? Let’s discuss below! 👇

#TAKEUSDT #cryptosignals #BinanceSquareTalks

TAKEUSDT

Perp

0.03501

-20.63%

#tradingview