【$TAKE Signal】Long - 1H strong breakout, clear signs of main capital support

$TAKE The 1H level has just completed a volume-driven long bullish breakout, with the price now firmly above all short-term moving averages, showing strong momentum. Although the 4H level is still in the rebound phase after a previous downtrend, the current 1H breakout structure is clear, and open interest (OI) remains stable after the price surge, indicating it’s not purely a short squeeze by bears, with potential main support. The order book depth shows buy orders far exceeding sell orders, with an imbalance rate of 21.38%, providing immediate support for the price.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0215 - 0.0217

🛑Stop Loss: 0.0201

🚀Target 1: 0.0235

🚀Target 2: 0.0258

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0215. If the price strongly breaks through Target 2, consider moving the stop loss up to 0.0230 to aim for greater gains.

Depth Logic: The 1H RSI is as high as 75.5, indicating short-term overbought conditions, but this is typical after a strong breakout and not suitable for shorting directly. The key is whether the funds can continue to support the move. On the 4H level, the price has broken above the EMA20 (0.0194) and is testing the EMA50 (0.0225) resistance. Once it stabilizes, the rebound space will open. Several recent 4H candles show high volume and full turnover. Stable OI with a large price increase suggests strong new long positions rather than short covering, indicating a bullish squeeze signal. Strong support zones are at 0.0205 (former high turned support) and 0.0192 (4H EMA20).

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