$TAKE Short Liquidation: $4.3353K at $0.3378
Short sellers were squeezed as TAKE pushed decisively above the $0.337 area, triggering stop losses from shorts positioned for downside continuation. The move showed steady follow-through rather than a sharp wick, indicating buyers absorbed sell pressure and forced shorts to cover into strength.
Entry (EP): $0.33640
Take Profit (TP): $0.36580
Stop Loss (SL): $0.32590
Market Outlook:
$TAKE is displaying a constructive short-term bullish structure after reclaiming this liquidation zone. As long as price holds above the $0.332–0.338 support range, further upside toward higher resistance remains likely. Momentum favors buyers, but volatility is elevated patience and disciplined risk management are essential.
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