Many retail traders are chasing the top here thinking it's overextended.
I’m playing this trend differently.
$AKE is showing a massive parabolic expansion with highly aggressive whale backing. If the current buying pressure breaks cleanly past the local overhead wick, we could see a powerful continuous extension further into price discovery.
$AKE – LONG
Trade Plan:
Entry: 0.001150 – 0.001230
SL: 0.000980
TP1: 0.001350
TP2: 0.001480
TP3: 0.001650
Why this setup?
• Strong parabolic structure supported by clean higher lows across the 15m and 1H timeframes.
• Whales and Smart Traders are aggressively positioned long with a Notional L/S Ratio over 215%.
• Sustained volume growth indicates strong institutional and market absorption on every minor dip.
• Clearing the recent local high peak removes any minor remaining resistance.
This setup is only valid if AKE holds its structural support structure inside our entry zone. If the price slips under 0.000980 with high selling volume, I will invalidate the trade and step aside.
#AKE #akedo #crypto #BinanceSquare
I’m playing this trend differently.
$AKE is showing a massive parabolic expansion with highly aggressive whale backing. If the current buying pressure breaks cleanly past the local overhead wick, we could see a powerful continuous extension further into price discovery.
$AKE – LONG
Trade Plan:
Entry: 0.001150 – 0.001230
SL: 0.000980
TP1: 0.001350
TP2: 0.001480
TP3: 0.001650
Why this setup?
• Strong parabolic structure supported by clean higher lows across the 15m and 1H timeframes.
• Whales and Smart Traders are aggressively positioned long with a Notional L/S Ratio over 215%.
• Sustained volume growth indicates strong institutional and market absorption on every minor dip.
• Clearing the recent local high peak removes any minor remaining resistance.
This setup is only valid if AKE holds its structural support structure inside our entry zone. If the price slips under 0.000980 with high selling volume, I will invalidate the trade and step aside.
#AKE #akedo #crypto #BinanceSquare