$TAKE USDT Perp Ignites 40% Surge — Momentum Roars Back With Volatility Expansion
USDT just ripped +40%, printing 0.02620 after tapping a 24h high near 0.02990. The move came with explosive participation — over 2.17B TAKE traded — signaling aggressive positioning rather than a slow grind. Price dipped to 0.01851 earlier, meaning this rally is a sharp V-recovery, not a mild bounce.
On the chart, price reclaimed short-term structure but is still hovering under the MA60 (0.02677), which now acts as dynamic resistance. A clean break and hold above 0.0270–0.0277 could open a squeeze toward the 0.0283 zone. Failure there risks a pullback into 0.0258 support where buyers previously stepped in.
Volume profile shows expansion on green candles, suggesting real demand. However, with such a fast 40% spike, volatility compression or a liquidity sweep is likely before continuation. Bulls control momentum — but confirmation needs sustained closes above resistance, not just wicks.