I’m watching a clean short setup on the $AKE
chart. 📉
I initially placed a short limit order around $0.017, but price missed the entry by a very small margin. No worries—there may still be opportunities if the setup confirms.
If you’re considering a short position, look for DCA entries only with strict risk management, and always define your Stop Loss (SL) and Take Profit (TP) levels in advance.
🔑 Key level: $0.025
If $AKE makes another strong move upward and breaks decisively above $0.025, it could trigger a short squeeze and potentially liquidate a significant number of short positions.
On the other hand, if price starts rejecting from the current area and moves lower, the chart setup points toward an initial target around $0.0038.
⚠️ High-risk setup. Manage your position size carefully and never risk more than you can afford to lose.
DYOR and trade responsibly. 📊
$AKE
chart. 📉
I initially placed a short limit order around $0.017, but price missed the entry by a very small margin. No worries—there may still be opportunities if the setup confirms.
If you’re considering a short position, look for DCA entries only with strict risk management, and always define your Stop Loss (SL) and Take Profit (TP) levels in advance.
🔑 Key level: $0.025
If $AKE makes another strong move upward and breaks decisively above $0.025, it could trigger a short squeeze and potentially liquidate a significant number of short positions.
On the other hand, if price starts rejecting from the current area and moves lower, the chart setup points toward an initial target around $0.0038.
⚠️ High-risk setup. Manage your position size carefully and never risk more than you can afford to lose.
DYOR and trade responsibly. 📊
$AKE