DIVERGENCE flashing on
$AKE price makes new highs while RSI doesn't buy it.
SHORT
Trading Plan:
Entry: 0.0018500 – 0.0019692
SL: 0.0021500
TP1: 0.0015000
TP2: 0.0010000
TP3: 0.0005000
Why this setup?
The RSI panel shows a textbook bearish divergence, marked twice directly on the chart each new price high since the breakout has been met with a lower RSI peak, even with RSI still elevated at 73.11 in overbought territory.
Price has run well above the former resistance box (0.0010–0.0015), which now sits as the first layer of support below, with the red line at 0.0010 and blue line near 0.0005 as deeper structural levels.
Momentum is clearly extended, and the fading RSI peaks alongside continued price expansion is a classic early warning that buying pressure is thinning even as price pushes higher. A stall or reversal from here would likely retrace back into the broken resistance zone before finding fresh demand.
#AKETRADE #Crypto Click here to Trade 👇