$TAKE Consolidation Before the Next Leg? 🚀

$TAKE is showing massive strength on the 4H chart, currently trading around $0.0557. After a parabolic rally to 0.0616, we are seeing a healthy cooling-off period.

​📊 Technical Highlights:

​Support: $0.050 (MA 7) is the crucial line in the sand.

​Resistance: Rejection at $0.0616 needs to be cleared for more upside.

​Pattern: Potential Bullish Flag forming. 🚩

​Verdict: Watch for a breakout above $0.058 for a continuation. If we lose $0.050, expect a deeper dip to $0.035. Trade safe and use Stop Losses! 🛡️

TAKEBSC
TAKEUSDT
0.0391
-29.23%

#TAKEUSDT #CryptoAnalysis #BinanceSquare #TechnicalAnalysis #TradingTips