TAKE/USDT 4-hour cycle is at a critical technical crossroads. After a strong rally, the current price is consolidating below a clear supply pressure zone, which often indicates potential distribution behavior. Recent price action is concerning—bullish momentum has significantly weakened, facing multiple rejections in succession, and buying pressure is gradually diminishing. Whether this consolidation zone can be effectively broken will directly determine the subsequent trend. Traders need to closely watch for signs of a valid breakout or whether supply pressure can continue to suppress upward momentum.

TAKE1.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
4am_degenvip
· 8h ago
Wait, is this distribution real? Or is it just another scam to get me to buy the dip?
View OriginalReply0
SwapWhisperervip
· 8h ago
Oh no, it's the same distribution script again, acting this way every time. --- When supply pressure can't be contained, it breaks through; if it gets suppressed, it just keeps falling. Anyway, the outcome is already written. --- Bullish recession? Wake up. This is just the market manipulator doing a shakeout, waiting for someone to buy the dip. --- Consolidation? I think it's just waiting for the ignition point. Whoever takes the bait first will lose. --- Critical turning points happen every day, but I only have one wallet. --- Breakout signals? I'm tired of hearing that. Let's see if it can break the previous high first.
View OriginalReply0
GasFeeAssassinvip
· 8h ago
It's the same old story... distribution, declining momentum, critical divergence. I'm getting tired of hearing it all the time. Still, I have to rely on the charts to make judgments.
View OriginalReply0
GasFeeCrybabyvip
· 9h ago
Supply pressure is back again. This time, it feels like the same old tricks...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)