$TAKE experienced a long liquidation around $0.03933, reflecting a downside liquidity grab that flushed leveraged longs and reset short-term structure. Price is now hovering near the $0.038–$0.039 support band where demand must hold to prevent further downside. If buyers defend this zone, TAKE can attempt a rebound toward $0.042 and $0.045 where prior resistance sits. Long liquidation events often precede stabilization or relief rallies if selling pressure fades. A decisive break below $0.038 would weaken the setup and expose $0.035 as the next downside target. Bias remains neutral with bounce potential if support holds. $TAKE ‌