$TAKE Signal】Long! 1H strong breakout and retest, main force clearly protecting the market



$TAKE The 1H timeframe has experienced a massive rally and is now in a healthy retest confirmation stage. The price is supported above the 1H EMA20 (0.0248), and a clear bullish engulfing pattern has formed on the 4H timeframe, indicating a strong trend reversal signal. Open interest remains stable, and the price is holding firm, showing that the main capital has not exited the market. This is a typical sign of market support and accumulation.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0260 - 0.0262 (Reason: 1H EMA20 support zone, retest confirmation and secondary entry point )

🛑Stop Loss: 0.0253 (Reason: Break below the key 1H previous low and EMA50 support )

🚀Target 1: 0.0275 (Reason: Previous high resistance level, also the first resistance on the 4H timeframe )

🚀Target 2: 0.0290 (Reason: Fibonacci 0.382 retracement level on the daily chart )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin is highly volatile, risk control is essential )

- Execution strategy: After entering, if the price smoothly hits Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2. If the price hovers in the entry zone for more than 2 one-hour candles without moving, consider actively exiting.

Deep logic: The order book shows a large accumulation of sell orders above 0.02605 (250K+), which is a typical resistance testing zone. Once absorbed by buying pressure, a short squeeze will be triggered. The 1H RSI (60.25) is in a healthy bullish area, leaving room for further upward movement. The 4H volume has significantly increased, a clear signal of main force entering. Combined with the market logic of ‘rising prices and stable open interest,’ this is not just retail FOMO but a prelude to organized upward movement.

Check real-time market 👇 $TAKE

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