TAKE appears to be facing significant downside pressure, with technical indicators suggesting a potential move toward the $0.05000 level. Current price action and momentum readings favor a bearish setup, making this an attractive shorting opportunity for traders looking to capitalize on the decline. Key resistance has been broken, and until we see a reversal candle forming with substantial volume, the path of least resistance remains to the downside. Monitor volume confirmation on any bounce attempts.
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FlippedSignal
· 01-03 19:35
I'll try a reverse operation; the probability of a rebound after hitting the bottom is actually higher.
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RunWhenCut
· 2025-12-31 23:49
Another short opportunity? See you at 0.05. Let's see if it can hold this time.
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DatDinh
· 2025-12-31 23:33
HODL tight 💪
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CryptoTherapist
· 2025-12-31 23:25
ngl, this bearish narrative hits different when you realize it's just collective market trauma speaking. we're all pattern-matching our previous liquidations onto TAKE rn. let me ask you something—are you actually shorting this or just doom-scrolling to process your portfolio anxiety?
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Rugman_Walking
· 2025-12-31 23:22
Shorting TAKE, is it really going to drop to the bottom this time? Feels like I say this every time, and then it rebounds, proving me wrong...
TAKE appears to be facing significant downside pressure, with technical indicators suggesting a potential move toward the $0.05000 level. Current price action and momentum readings favor a bearish setup, making this an attractive shorting opportunity for traders looking to capitalize on the decline. Key resistance has been broken, and until we see a reversal candle forming with substantial volume, the path of least resistance remains to the downside. Monitor volume confirmation on any bounce attempts.