$TAKE – breakdown absorbed, market pausing after sell pressure
Price action
$TAKE is trading near $0.3122, down -10.28% today
Intraday high $0.3403 | low $0.3091
What’s happening
Price rejected hard from the 0.34 zone and printed a strong bearish impulse, flushing stops into 0.309 demand. Since then, candles have gone small and tight, showing selling pressure has slowed. Buyers are defending, but conviction is still missing.
Key levels
Support: 0.309 then 0.300
Resistance: 0.320 then 0.328
Trend
Short-term bearish, structure damaged after the breakdown.
Trade idea
If price holds above 0.309 and reclaims 0.320, a relief move toward 0.328–0.335 is possible.
If price loses 0.309, continuation toward 0.300 becomes likely.
Main takeaway: $TAKE must reclaim 0.320 to show real strength — otherwise this remains a pause after a breakdown.
