$AKE Buyers are fighting back, but the next resistance will decide the move. 👀
Direction: LONG 🟢
📍 Entry: $0.0285–$0.0292
🛑 SL: $0.0268
🎯 TP1: $0.0312
🎯 TP2: $0.0348
🎯 TP3: $0.0377
Timeframe: 4H
AKE has bounced strongly from the $0.0210 low, recovering toward $0.0300 with a noticeable increase in trading volume. That recovery shows buyers are stepping in, but the chart still has resistance to overcome.
I'm watching the $0.0285–$0.0292 zone for a potential retest and bullish confirmation before considering a long. A sustained move above $0.0312 could open the door toward $0.0348, with $0.0377 as a more ambitious resistance target.
⚠️ If price loses $0.0268, this setup is invalidated. A rejection near resistance or weakening volume would also make me cautious. After such a volatile rebound, I wouldn't chase the green candles.
Would you wait for a confirmed breakout above $0.0312, or look for a retest entry?
$MAGMA
$PTB
Direction: LONG 🟢
📍 Entry: $0.0285–$0.0292
🛑 SL: $0.0268
🎯 TP1: $0.0312
🎯 TP2: $0.0348
🎯 TP3: $0.0377
Timeframe: 4H
AKE has bounced strongly from the $0.0210 low, recovering toward $0.0300 with a noticeable increase in trading volume. That recovery shows buyers are stepping in, but the chart still has resistance to overcome.
I'm watching the $0.0285–$0.0292 zone for a potential retest and bullish confirmation before considering a long. A sustained move above $0.0312 could open the door toward $0.0348, with $0.0377 as a more ambitious resistance target.
⚠️ If price loses $0.0268, this setup is invalidated. A rejection near resistance or weakening volume would also make me cautious. After such a volatile rebound, I wouldn't chase the green candles.
Would you wait for a confirmed breakout above $0.0312, or look for a retest entry?
$MAGMA
$PTB
