$TAKE – Momentum Continuation Play 🚀
$TAKE is heating up and the chart is screaming trend continuation, not exhaustion. Price is trading around 0.04316, holding above key short-term support while momentum indicators stay aggressive. This is the kind of structure that fuels another expansion leg when volume steps in.
🟢 Trade Plan (Long Bias)
Entry Zone: 0.0428 – 0.0433 (only after bullish candle confirmation)
Stop-Loss:
• Safe SL: 0.01851 (below 24H low – swing protection)
• Tight SL: 0.03127 (EMA-based, for active traders)
🎯 Targets:
• TP1: 0.04662 (local resistance / recent high)
• TP2: 0.052 – 0.055 (if breakout holds with volume)
• TP3: Trail runner if momentum stays vertical
📊 Why This Setup Is Powerful
• RSI holding above 70 = buyers still in control
• Price respecting EMA support = trend intact
• A clean break above 0.04662 can trigger FOMO flow
• No major rejection yet = upside still open
🧠 Pro Trader Tips:
✔️ Don’t chase green candles — wait for confirmation
✔️ Scale out at TP1 to lock profit, let runner fly
✔️ Watch volume: no volume = no continuation
✔️ If price loses EMA + RSI drops, exit fast
⚠️ Invalidation:
If loses EMA support and RSI cools off → momentum play is over.
This is a momentum trade, not a marriage.
Trade the structure.
Respect your stop.
Let the market pay you.

