$AKE is setting up big bullish trap
Short $AKE (DCA Entries)
EP1: 0.00525 – 60%
EP2: 0.00555 – 20%
EP3: 0.00600 – 20%
SL: 0.00900
TP1: 0.00450
TP2: 0.00400
TP3: 0.00380
TP4: 0.00310
Why:
$AKE has recorded a massive rally of over 80%, climbing from 0.001877 to a new high of 0.005038. Price is now significantly extended above MA7 (0.004324), MA25 (0.003050), and MA99 (0.002596), increasing the risk of a sharp profit-taking correction. However, MACD remains strongly bullish, with DIF (0.000599) above DEA (0.000437), while volume and Open Interest are expanding. This shows strong buying activity, so a short should only be considered after clear rejection near the 0.0050–0.0054 resistance zone. A breakdown below 0.0045 could accelerate the correction toward 0.0040 and 0.0038.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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Trade $AKE here 👇
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#Altcoin Season# #Macro Insights#
Short $AKE (DCA Entries)
EP1: 0.00525 – 60%
EP2: 0.00555 – 20%
EP3: 0.00600 – 20%
SL: 0.00900
TP1: 0.00450
TP2: 0.00400
TP3: 0.00380
TP4: 0.00310
Why:
$AKE has recorded a massive rally of over 80%, climbing from 0.001877 to a new high of 0.005038. Price is now significantly extended above MA7 (0.004324), MA25 (0.003050), and MA99 (0.002596), increasing the risk of a sharp profit-taking correction. However, MACD remains strongly bullish, with DIF (0.000599) above DEA (0.000437), while volume and Open Interest are expanding. This shows strong buying activity, so a short should only be considered after clear rejection near the 0.0050–0.0054 resistance zone. A breakdown below 0.0045 could accelerate the correction toward 0.0040 and 0.0038.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
🫂 Join my Binance Chat Group to Improve your trading skills and Let’s together win every trade.
Trade $AKE here 👇
Trade smart. DYOR.
#Altcoin Season# #Macro Insights#
