【$TAKE Signal】Pullback to Long + Short Squeeze Continuation

$TAKE 1H timeframe enters high-level consolidation after massive surge, with price strongly ranging between 0.055-0.058, refusing deep pullbacks. The 4H timeframe shows a towering pillar directly reversing the long-term downtrend, a typical aggressive accumulation behavior by the main force. Currently, funding rate is as high as 0.1132%, and OI remains stable, which is a strong short squeeze signal—bears are paying high costs, and once the price re-initiates, a stampede will be triggered.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0555 - 0.0560 (Reason: Strong consolidation zone above 1H EMA20(0.0453), with dense buy orders at the order book)

🛑Stop Loss: 0.0535 (Reason: Break below the first pullback low after the 1H surge at 0.05507, and ATR(0.0088) is twice the distance)

🚀Target 1: 0.0600 (Reason: Psychological resistance near previous high and yesterday’s high)

🚀Target 2: 0.0650 (Reason: 1.618 Fibonacci extension of the 4H V-shaped reversal)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Daily increase exceeds 35%, volatility is high, risk first)

- Execution strategy: After price reaches 0.0600, reduce position by 50% and move stop loss to entry price 0.0560. Remaining position aims for the second target; if price retraces and breaks the trailing stop, exit decisively.

Deep logic: This is a typical capital-driven short squeeze. Key data: 1) The 4H single candle volume reaches 1.65 billion, more than three times the previous candle, an undeniable sign of main force entry. 2) OI remains stable, price consolidates, indicating bullish positions are solid with no profit-taking selling pressure. 3) 1H RSI(74.25) is high but not exhausted, in a strong zone among Hot Coins. Order book depth shows sell orders (above 0.0557) are stacked, but buy orders (below 0.0555) are equally substantial. Bulls and bears are fiercely battling here, but high funding rates continue to bleed the bears. The core strategy is to bet on a secondary surge after consolidation, leveraging high funding rates to squeeze out short sellers.

Trade here 👇 $TAKE

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