🔥 8.7x Sell Volume Spike on $TAKE – Distribution or Shakeout?
Massive sell pressure just hit $TAKEUSDT.P, printing an 8.7x volume spike alongside a sharp breakdown. When volume expands this aggressively on a drop, it usually signals one of two things:
1️⃣ Smart money distribution 2️⃣ Panic-driven liquidation
Right now, structure remains bearish unless price can quickly reclaim and hold above 0.02020.
📉 Bearish Scenario: If price retraces into 0.02020 – 0.02123 and shows rejection (bearish engulfing, pin bar, lower high on 5m/15m), that zone becomes a potential short area.
🛑 Invalidation: A strong 15m close above 0.02123 with continuation could shift momentum and open the door for reclaim plays toward 0.02188 – 0.02293.
High volume events often lead to liquidity hunts. The market tends to seek lower liquidity pools before forming a base — patience and confirmation are key.
⚠️ Not financial advice. Manage risk and wait for confirmation — volatility cuts both ways.
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🔥 8.7x Sell Volume Spike on $TAKE – Distribution or Shakeout?
Massive sell pressure just hit $TAKEUSDT.P, printing an 8.7x volume spike alongside a sharp breakdown. When volume expands this aggressively on a drop, it usually signals one of two things:
1️⃣ Smart money distribution
2️⃣ Panic-driven liquidation
Right now, structure remains bearish unless price can quickly reclaim and hold above 0.02020.
📉 Bearish Scenario:
If price retraces into 0.02020 – 0.02123 and shows rejection (bearish engulfing, pin bar, lower high on 5m/15m), that zone becomes a potential short area.
🎯 Downside Levels to Watch:
• 0.02002
• 0.01926
• 0.01847
• 0.01798 (if momentum accelerates)
🛑 Invalidation:
A strong 15m close above 0.02123 with continuation could shift momentum and open the door for reclaim plays toward 0.02188 – 0.02293.
High volume events often lead to liquidity hunts. The market tends to seek lower liquidity pools before forming a base — patience and confirmation are key.
⚠️ Not financial advice. Manage risk and wait for confirmation — volatility cuts both ways.
Are you seeing distribution… or preparing for a reversal? 👀
#Take #OVERTAKE #signaladvisor #TrendingPredictions $TAKE