$AKE is showing a potential bearish opportunity after a sharp parabolic rally. On the 4-hour chart, price has surged to 0.0885 before pulling back toward 0.065, while RSI remains elevated around 79–83, signaling overbought conditions. The 1-hour chart also shows weakening momentum, with RSI cooling from higher levels as price consolidates below the recent spike. A bearish setup could develop if price fails to reclaim 0.075–0.088 and breaks below the 0.060–0.058 support zone with increasing selling volume. Potential downside areas include 0.050, followed by 0.040. However, strong momentum can remain overbought for extended periods, so confirmation is important. Traders should watch rejection candles, volume expansion, and lower highs before considering a short position, while managing risk carefully. before entering shorts.
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