🚨 $TAKE is PLUMMETING – Prepare for the Next Leg Down! 📉
Entry Zone: 0.342 – 0.355
TP1: 0.318
TP2: 0.295
Stop Loss: 0.372
Leverage: 20x – 50x
Margin: 2% – 5%
$TAKE faced a brutal rejection at 0.48–0.50, triggering a massive sell-off. Now, it’s stuck in a weak sideways drift, showing zero signs of a bullish reversal – just consolidation after significant selling pressure. 🐻 The chart is screaming bearish, with consistently lower highs and failed attempts to recover.
This flatlining after a sharp drop usually means one thing: more downside. Unless $TAKE can break and HOLD above 0.365–0.370 with serious volume, upside potential is severely capped. Don't get caught leaning into resistance!
Secure partial profits at TP1 and adjust your stop loss to entry to protect gains. This is a short scalp – manage your risk!
#TAKE #ShortScalp #CryptoTrading #Bearish 🚀
