AKE/USDT Under Heavy Selling Pressure as Bearish Trend Persists
The asset is firmly trapped in a downward distribution phase, facing rejection at every minor relief bounce. With declining buy volume and moving averages capping any upward movement, the path of least resistance remains heavily skewed to the downside.
Exercise strict capital preservation and wait for a definitive structural shift before attempting to catch a falling knife.
#CryptoTrading #BearishTrend #RiskManagement
The asset is firmly trapped in a downward distribution phase, facing rejection at every minor relief bounce. With declining buy volume and moving averages capping any upward movement, the path of least resistance remains heavily skewed to the downside.
Exercise strict capital preservation and wait for a definitive structural shift before attempting to catch a falling knife.
#CryptoTrading #BearishTrend #RiskManagement