$TAKE /USDT Sharp Rejection at the Top, Bearish Momentum Activated 💯
TAKEUSDT
Perp
0.35544
+6.39%
$TAKE has printed a strong wick rejection near 0.3909, followed by a sharp red candle that broke back below the short-term support at 0.3505 a clear sign that buyers lost control and sellers are stepping in aggressively. This type of pattern usually triggers a short-term correction, especially after a strong vertical rally.
If TAKE stays below 0.3550, the bearish pressure can easily continue toward lower support zones.
Short Trade Setup:
Trade Setup: Short
Entry Zone: 0.3480 – 0.3520
Target 1: 0.3200
Target 2: 0.2950
Target 3: 0.2620
Stop-Loss: 0.3650