$TAKE USDT Breakout Loading Above 0.04 Level
TAKEUSDT Perpetual is currently trading around 0.04293 after a strong recovery from the recent lows near 0.025. The 15m chart shows a clear bullish structure with higher highs and higher lows forming steadily.
Technical Analysis
Immediate resistance is sitting around 0.04400 – 0.04550, where we previously saw rejection wicks. A clean break and close above this zone could open the door toward 0.04800 and potentially the 0.05085 24h high. On the downside, key support is now at 0.04000, followed by a stronger demand zone around 0.03600 – 0.03400.
Price is trading above short-term moving averages, indicating bullish momentum. The strong green impulse candle suggests buyers are in control. Although RSI and MACD are not clearly visible in the screenshot, the price structure and volume expansion hint at growing bullish strength after accumulation.
Market Sentiment
Short-term sentiment is Bullish. Buyers are stepping in aggressively after consolidation, and order book data shows a slight dominance on the bid side.
Strategy
Trade recommendation: Trade with caution. Aggressive traders can look for entries on minor pullbacks toward 0.04000 with tight risk management. Conservative traders should wait for a confirmed breakout above 0.04550 before targeting 0.04800 – 0.05000. Invalidation below 0.03600.
Are you holding TAKE or waiting for a deeper pullback?
Not Financial Advice (NFA). Always manage your risk and do your own research.
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