$TAKE Operation Suggestions

Can it be shorted now?

Short-term risk is relatively high: Although the KDJ indicator shows overbought conditions with a demand for a pullback, the SAR indicator still indicates a strong bullish trend, and the trading volume has increased, suggesting that the bullish strength remains.

Suggested Strategy:

Mainly wait and see: It is not recommended to directly short at the current position, as the trend is still upward.

Wait for a pullback: You can wait for the price to pull back to the range of 0.03800 - 0.04000; if it stabilizes, then consider going long; or wait for the price to break below the SAR support level of 0.01970 before considering going short.

Set a stop-loss: If you decide to go short, be sure to set a strict stop-loss to control risk.