📉 $TAKE — Post-Spike Distribution Setup

$TAKE made a sharp spike to 0.050 but faced a strong rejection, followed by sideways price action. The current structure suggests distribution after the pump, increasing the risk of further downside.

🎯 Entry Zone:

‱ 0.035 – 0.037

🛑 Stop-Loss:

‱ 0.041

📍 Downside Targets:

‱ TP1: 0.032

‱ TP2: 0.029

‱ TP3: 0.025

📊 Technical Note:

If the 0.034 support breaks decisively, sellers could accelerate the move lower. Expect fast volatility — strict risk management is essential.

⚠ Trade carefully and avoid overexposure.

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