š„$TAKE is heating up š„š
Consolidating just below resistance⦠breakout loading? šš
Price is currently sitting around 0.0539 after a strong push upward š
š Whatās happening?
After a solid impulsive move, price is now consolidating just below resistance ā this is a key zone.
š Key Levels to Watch:
š¢ Support: 0.050 ā 0.051
š“ Resistance: 0.058 ā 0.060
š” Scenario 1 (Bullish):
If price holds above support and breaks 0.060, we could see continuation toward higher highs š
ā ļø Scenario 2 (Bearish):
Failure to hold 0.050 may lead to a pullback and possible retest of lower demand zones
š„ My Take:
This looks like healthy consolidation after momentum ā not weakness (yet). Patience here is key.


TAKEUSDT
Perp
0.04032
-25.15%