$TAKE Short Trade Signal 🔴 🚦
BEARISH CONTINUATION SETUP, BEARS MAINTAIN CONTROL ⬇️
After a limited bounce from the support level at 0.1650, TAKEUSDT shows signs of bullish exhaustion. The momentum remains bearish, with potential for a continuation of the decline following the current correction.
🔴 Trade Setup (Short)
Entry Zone: 0.1948 – 0.1980
Target 1: 0.1800
Target 2: 0.1700
Target 3: 0.1650
Stop Loss: 0.2080
📊 Market Outlook
TAKEUSDT is facing resistance near the EMA(7) at 0.18921 and the EMA(25) at 0.18388, with the price below previous resistance levels (0.20869). This suggests seller control. A break below 0.18388 could confirm a bearish continuation towards 0.1650. The volume (19.697M) in the current bounce does not indicate strong bullish momentum, supporting the idea of a trap for bulls before an additional decline.
$TAKE #TAKE