CorvusCorvinus

TAKE price stabilizes between $0.09–$0.11 after sharp decline.

The market shows sideways accumulation with modest volume and low volatility.

Potential long entry near $0.095 with targets toward $0.15–$0.17.

TAKE crypto has experienced a major decline followed by stabilization, with price consolidating in a narrow range. Analysis shows early recovery patterns forming, suggesting a measured accumulation phase with neutral-to-bullish bias.

TAKE Price Recovery After Sharp Decline

TAKE/USDT experienced a rapid capitulation drop, with large red candles and heavy trading volume marking panic selling. The price found initial support near $0.08–$0.09, indicating early seller exhaustion.

Following this, price shifted into a sideways accumulation phase. Candles became smaller, ranges narrowed, and the middle Bollinger Band acted as a point of equilibrium for buyers and sellers. 

https://twitter.com/B4dmantrading/status/2007697967579574316?s=20

This pattern suggests stability after a strong downward move.TAKE’s moving average flattened, with current price slightly above it, reflecting neutral-to-bullish momentum. 

A risk-reward box shared on Twitter by @B4dmantrading suggests a long entry near $0.095, stop loss around $0.079, and upside potential between $0.15–$0.17.

One-Month Price Chart Shows Speculative Excess

Analysis of TAKE’s one-month price chart reveals consolidation in a $0.30–$0.35 range, signaling market agreement on value. Volatility remained low during this period, setting the stage for a breakout.

The breakout occurred near month-end, producing a rapid rally to approximately $0.50. The steep movement reflected momentum-driven buying rather than steady accumulation. 

Multiple wicks and fast reversals indicated distribution by larger holders.After this peak, TAKE crashed nearly 70–75%, dropping to the $0.10 area. 

The subsequent stabilization between $0.09–$0.11 formed a new support zone, showing that panic selling had ended while structural recovery remained ongoing.

Market Cap Movements Reflect Reset and Accumulation

TAKE’s market capitalization moved sideways between $55–65M for most of December, showing balanced participation. This range reflected consolidation after prior growth, with neither bulls nor bears dominating.

Market cap spiked to nearly $90M followed by a near-vertical collapse down to $20M, indicating forced selling and liquidity withdrawal.Post-crash, the market cap stabilized between $15–$20M. 

Flat trading at this level reflects a reset phase with potential for accumulation. Low trading volume further confirms that capitulation has largely concluded, establishing a base for future price activity.

The post TAKE Price Shows Post-Crash Recovery, Eyes $0.15–$0.17 Upside Target appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.