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【$TAKE Signal】Pullback to Long + 1H Momentum Repair, Clear Signs of Main Force Supporting the Market
$TAKE The 1H timeframe has experienced a massive rally and is now in a healthy profit-taking stage, with the price retracing to around the EMA20(1H) for initial support. The 4H timeframe has broken through the recent consolidation box, indicating an upward trend. The current pullback presents an excellent second entry opportunity.
🎯Direction: Long (Long)
🎯Entry/Order Placement: 0.0201 - 0.0203 (Batch orders around current price)
🛑Stop Loss: 0.0197 (Break below the previous 1H candle low and EMA50(1H) support)
🚀Target 1: 0.0215 (Previous high resistance zone)
🚀Target 2: 0.0225 (Previous high on 4H level and Fibonacci extension levels)
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Intraday volatility is intense, strict risk control needed)
- Execution Strategy: After entering, if the price quickly rises to target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. The remaining position aims for target 2. If the price consolidates in the entry zone for more than 4 1H candles without a move, consider halving the position or taking profits to break even.
Deep Logic: Market depth shows the main force’s determination to support the market. Although the latest 1H candle closed down and buy orders account for only 41%, open interest remains stable and has not dropped significantly due to the price correction, indicating that bulls are not panicking and exiting. The order book shows buy orders accumulating over 700,000 USDT in the 0.0201-0.0202 range, forming a solid support wall. The 1H RSI(55.2) has healthy retraced from overbought territory, preparing for another upward move. Coupled with the volume breakout on the 4H level, this pullback is a typical “breakout - retest - re-initiation” pattern, and traders should be decisively prepared.
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