$TAKE (Overtake) – sharp sell-off, price trying to stabilize
Price action
TAKE is trading around $0.3122, down -10.28% today
Intraday high $0.3403 | low $0.3091
What’s happening
Price faced heavy selling after rejection near 0.34, followed by a strong breakdown candle that flushed liquidity. The bounce from 0.309 shows buyers stepping in, but the follow-through is weak so far. Current candles suggest stabilization after damage, not a confirmed reversal.
Key levels
Support: 0.309 then 0.300
Resistance: 0.320 then 0.328
Trend
Short-term bearish, structure is still under pressure.
Trade idea
If price holds above 0.309 and reclaims 0.320, a recovery toward 0.328–0.335 is possible.
If price loses 0.309, downside risk opens toward 0.300 support.
Main takeaway:$TAKE
TAKE needs to reclaim 0.320 to signal strength — otherwise this looks like a pause after a breakdown.
