Right now I'm seeing a high-impact short liquidation event unfolding on #TAKE, and this is exactly the type of forced buying that accelerates upside momentum. I have analyzed the liquidation data carefully, and $4.3547K in short positions just got wiped out at $0.05276. My search shows this creates a vacuum effect, where trapped sellers become potential buyers if price continues higher.
This is why you need to understand that short squeezes often lead to explosive continuation moves after liquidity grabs.
They are currently testing key levels after the flush, and this area will decide the next major move. What's condition now is if price holds above $0.05200–$0.05230 support, continuation toward higher expansion becomes highly probable. Volume is spiking, which confirms real market interest instead of weak retail movement.
This is not random movement this is structured liquidation hunting with continuation potential. Smart traders wait for confirmation and enter with proper planning.
Entry Point (EP): $0.05250 – $0.05300
Take Profit (TP):
TP1: $0.05550
TP2: $0.05780
TP3: $0.06000
Stop Loss (SL): $0.05120
Sellers are trapped and buyers are stepping in aggressively. Continuation remains the primary path if support holds. Stay patient and follow the structure of $TAKE
