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$TAKE — Short Squeeze With Acceptance
Define (Long):
TAKE experienced a significant short liquidation, indicating aggressive bearish positioning was unwound. The move higher was sharp, but importantly, price is now holding gains rather than instantly retracing. This behavior suggests real demand entering the market.
Entry: 0.138 – 0.148
T1: 0.165 | T2: 0.188 | T3: 0.220
SL: 0.132
Sentiment (Long):
Market sentiment is improving as short pressure is removed. If price continues to hold above the liquidation area, buyers may push for further upside expansion.
$TAKE #DrHan2025YearEndOpenLetter #2025GateYearEndSummary #CryptoMarketPrediction #ETFLeveragedTokenTradingCarnival