$AKE — SHORT SETUP TO WATCH 👀
I’m watching a potential short setup on $AKE after price failed to reach my initial short-limit area around $0.017 by a small margin.
If the setup develops, a DCA approach may be considered, but only with strict risk management and clearly defined Stop Loss and Take Profit levels.
⚠️ Key level: $0.025
If $AKE makes another strong move upward and breaks above $0.025 with momentum, short positions could face a squeeze and increased liquidation pressure.
On the other hand, if price starts rejecting from current levels, the first downside area I’m watching is around $0.0038.
This is a high-volatility setup, so don’t chase the move. Protect your capital, manage position size carefully, and never risk more than you can afford to lose.
DYOR. Trade smart. Good luck! 🚀#AKE
I’m watching a potential short setup on $AKE after price failed to reach my initial short-limit area around $0.017 by a small margin.
If the setup develops, a DCA approach may be considered, but only with strict risk management and clearly defined Stop Loss and Take Profit levels.
⚠️ Key level: $0.025
If $AKE makes another strong move upward and breaks above $0.025 with momentum, short positions could face a squeeze and increased liquidation pressure.
On the other hand, if price starts rejecting from current levels, the first downside area I’m watching is around $0.0038.
This is a high-volatility setup, so don’t chase the move. Protect your capital, manage position size carefully, and never risk more than you can afford to lose.
DYOR. Trade smart. Good luck! 🚀#AKE