🚨 $AKE Strong Uptrend but exhaustion
Most recent 1H candle shows a Doji-like candle with a very long upper wick (reaching 0.064) and negligible volume. This is a classic "Pin Bar" pattern at a key high, signaling strong rejection and potential exhaustion of the uptrend at this level. This is a high-priority bearish reversal signal for the 1H timeframe.
Entry Short $AKE : wait for break below dynamic support ~0.057 and a retest that fails.
• Alternatively, pullback to 0.0640-0.0645 resistance zone with a bearish reversal pattern
🔥Long Entry (Counter-trend, High Risk): Only consider if price holds above 0.0642 with strong volume.
Stop-Loss: for short entry, place stop-loss just above 0.065
Target Price $AKE : 0.045-0.030 support area
Support me just Trade here👇
#ake #akedo
Most recent 1H candle shows a Doji-like candle with a very long upper wick (reaching 0.064) and negligible volume. This is a classic "Pin Bar" pattern at a key high, signaling strong rejection and potential exhaustion of the uptrend at this level. This is a high-priority bearish reversal signal for the 1H timeframe.
Entry Short $AKE : wait for break below dynamic support ~0.057 and a retest that fails.
• Alternatively, pullback to 0.0640-0.0645 resistance zone with a bearish reversal pattern
🔥Long Entry (Counter-trend, High Risk): Only consider if price holds above 0.0642 with strong volume.
Stop-Loss: for short entry, place stop-loss just above 0.065
Target Price $AKE : 0.045-0.030 support area
Support me just Trade here👇
#ake #akedo
