$AKE is getting squeezed hard. 👀
Price: $0.00747 (+83.49%)
Look at the positioning:
🟢 568 longs — $16.73M
🔴 359 shorts — $4.54M
367.99% long/short ratio.
And the crazy part:
97.88% of longs are in profit.
Only 4.45% of shorts are profitable.
The shorts are getting absolutely trapped.
If the squeeze continues, those remaining shorts can become fuel for the next leg up. 🚀
But after an 83% move, don't blindly chase.
#AKE #crypto #trading
Price: $0.00747 (+83.49%)
Look at the positioning:
🟢 568 longs — $16.73M
🔴 359 shorts — $4.54M
367.99% long/short ratio.
And the crazy part:
97.88% of longs are in profit.
Only 4.45% of shorts are profitable.
The shorts are getting absolutely trapped.
If the squeeze continues, those remaining shorts can become fuel for the next leg up. 🚀
But after an 83% move, don't blindly chase.
#AKE #crypto #trading