Did anyone else just watch the absolute bloodbath on OVERTAKE ($TAKE ) today? The order books completely flipped, and we just witnessed a brutal 63% dump straight down to the $0.065 level. This is exactly why you never blindly chase vertical green candles. The spot selling pressure was relentless, triggering a cascade of liquidations all the way down. If you are looking to catch a falling knife here, make sure your stop losses are incredibly tight. Let's see if the $0.065 support level can actually hold, or if the sellers aren't finished yet. $TAKE
Not financial advice. Trade at your own risk. DYOR.