$TAKE Below the downtrend… should we wait?
Hey guys, $TAKE rose +59% in 24 hours, but it is now below the SUPERTREND on the 4-hour timeframe.
📌 The numbers:
· Price: 0.09518
· Trend: Bearish (below the Super 0.174)
· RSI on 15 minutes: 49 (neutral)
· StochRSI: 3.3 (oversold — possible rebound)
· Strong liquidity above the price: 0.1194 - 0.1669
📌 My plan:
· No entry right now — we wait for a break of 0.174 to confirm the uptrend
· Targets after the breakout: 0.1194 then 0.1669
· Or we wait for liquidity below the price to enter a Short
Patience is the key to profit — don’t enter against the trend! 👇
Hey guys, $TAKE rose +59% in 24 hours, but it is now below the SUPERTREND on the 4-hour timeframe.
📌 The numbers:
· Price: 0.09518
· Trend: Bearish (below the Super 0.174)
· RSI on 15 minutes: 49 (neutral)
· StochRSI: 3.3 (oversold — possible rebound)
· Strong liquidity above the price: 0.1194 - 0.1669
📌 My plan:
· No entry right now — we wait for a break of 0.174 to confirm the uptrend
· Targets after the breakout: 0.1194 then 0.1669
· Or we wait for liquidity below the price to enter a Short
Patience is the key to profit — don’t enter against the trend! 👇