$TAKE Market Structure
Market transitioned from a parabolic bullish phase into a corrective/bearish phase.
Price made a "Blow-off Top" at 0.05085 and is now forming Lower Highs & Lower Lows.
Major Resistance
Immediate Resistance: 0.03824
Next Resistance: 0.045
Upper Resistance: 0.05085
Major Support
Intraday Support: 0.033 – 0.034 (current hovering zone)
Pullback Entry
Condition Price retraces to (0.0360 – 0.0362) and shows a bullish candle
Entry: 0.0360 – 0.0362
Stop Loss: 0.0355
Breakout Entry
1H candle closes above minor resistance 0.0392 with strong momentum
Entry: 0.0392 – 0.0393
Stop Loss: 0.0378
Current Entry (Stabilizing Near Minor Support Condition Price stabilizing near 0.0380 – 0.0382
Entry: 0.0380 – 0.0382
Stop Loss: 0.0375
Take Profit
TP1: 0.041
TP2: 0.045
TP3: 0.048
TAKEUSDT
Perp
0.04197
+63.30%