TAKE is bouncing, but the real test is right above this zone.
$TAKE USDT Long scalp
Entry: 0.0256 - 0.0259
SL: 0.0248
TP1: 0.0263
TP2: 0.0269
TP3: 0.0276
Fear gets lighter when
#Neeeno reads it tighter ⚡
On the 1h chart, this looks like a recovery move, not a full trend flip yet. Price has bounced well from 0.02153, reclaimed EMA5 and EMA12, and MACD is turning positive. But the bigger problem is still overhead: EMA53 and EMA200 are sitting above price, so resistance is close.
That is why this looks better as a quick continuation long with safer targets, not a greedy hold. If price loses 0.0248, the bounce can fade fast.
enter at your own risk $TAKE