$TAKE ā Post-Pump Structure Forming š
After a strong +65% impulse move, TAKE is now cooling off and consolidating, which is healthy price action after a vertical rally.
š Technical Breakdown:
Price pulled back from 0.0508 high and is now holding near EMA25 (~0.032)
This zone is acting as short-term support after the pump
RSI reset from overbought ā momentum cooling, not dead
MACD histogram fading, suggesting consolidation before next move
š¹ Key Levels to Watch:
Support: 0.0315 ā 0.0320
Resistance: 0.038 ā 0.045
Break above 0.038 can trigger continuation toward prior highs
Loss of 0.031 support may lead to deeper retrace
ā ļø Volatile asset after a big move ā wait for confirmation or trade with tight risk management, especially on leverage.
