【$TAKE Signal】Pullback on Long Entry + 1H Strong Breakout Confirmation

$TAKE The 1H timeframe has just experienced a massive surge, with the price breaking through the previous consolidation range. Currently, it is in a healthy retracement after the surge. The 4H chart has formed a bullish engulfing pattern, indicating a positive trend reversal. Although the current price has pulled back from the high, the 1H EMA20 (0.0198) provides dynamic support, and the increased volume shows institutional funds are involved. This is a classic “breakout - pullback - re-acceleration” pattern, offering clear short-term opportunities.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0201 - 0.0203 (Enter near the current price, or wait for a slight pullback to around 0.0201)

🛑Stop Loss: 0.0195 (Below the 1H EMA20 and the previous 4H candle low)

🚀Target 1: 0.0218 (Resistance near previous high)

🚀Target 2: 0.0230 (4H EMA50 and previous high-volume zone)

🛡️Trade Management:

- Position Size: Light (Reason: Intraday volatility is high, risk per trade should be controlled)

- Execution Strategy: After the price reaches 0.0218, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0203. If the price strongly breaks through 0.0218 and stabilizes, hold the remaining position and aim for 0.0230.

Deep Logic: Over the past 4 hours, open interest remains stable, and no fund outflow occurred during the big price surge, indicating genuine buying support. The 1H RSI (55.2) is in a healthy zone, leaving room for further upward movement. Market depth shows unusually thick buy orders around 0.0201 (over 500,000 orders), forming a strong support wall. Combining market logic signals “rising price + stable open interest,” this looks more like institutional entry pushing the price up rather than a simple short covering rebound.

View real-time quotes 👇 $TAKE

Follow me: Get more real-time analysis and insights on the crypto market!‍#我在Gate广场过新年 #当前行情抄底还是观望？ $BTC $ETH $SOL