$ANKR Post-Spike Distribution: Short Bias Below 0.0063. 📉

Short $ANKR

Entry: 0.00585 & 0.00600
SL: 0.00634
TP1: 0.00540
TP2: 0.00515
TP3: 0.00490

Following a sharp impulse into 0.0065, $ANKR displayed clear rejection wicks and lower highs on the 1H timeframe, indicating classic post-expansion distribution behavior. Price is now trading back under 0.0060, with notable supply sitting between 0.0063 and 0.0065.

As long as the SL at 0.00634 holds, the higher-probability path remains towards downside liquidity around 0.0050. Always manage your risk effectively. 🛡️

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