$TAKE just flushed a cluster of over-leveraged longs at $0.3967 after failing to hold the previous support band. The drop was sharp but not chaotic, which usually means the market was cleaning out weak hands rather than starting a full breakdown. Now price is slowing down and forming a small base, a pattern that often comes right before a recovery push.
EP: $0.392 – $0.398
TP1: $0.418
TP2: $0.445
TP3: $0.482
SL: $0.372
As long as $0.392 holds, $TAKE has a strong chance to flip this liquidation sweep into a bullish rebound.
TAKEUSDT
Perp
0.08478
-1.55%