pumping hard… but the part I’m watching now isn’t the pump. It’s what’s happening after it.$AKE
Price has been consolidating aggressively around the same area, and liquidity is building on both sides. The previous All time high is still roughly 60% above current price, so with a coin this volatile, a nasty wick or another squeeze is absolutely possible before the real direction shows itself.
That’s why I’m watching this one closely instead of blindly jumping into a short.
We saw a similar story with $LSK one insane final push, shorts got destroyed, and then the move eventually cooled off.
I think $AKE is getting closer to the interesting part of its cycle. I’m waiting for the right confirmation rather than trying to guess the exact top.
Price has been consolidating aggressively around the same area, and liquidity is building on both sides. The previous All time high is still roughly 60% above current price, so with a coin this volatile, a nasty wick or another squeeze is absolutely possible before the real direction shows itself.
That’s why I’m watching this one closely instead of blindly jumping into a short.
We saw a similar story with $LSK one insane final push, shorts got destroyed, and then the move eventually cooled off.
I think $AKE is getting closer to the interesting part of its cycle. I’m waiting for the right confirmation rather than trying to guess the exact top.
