September: $AKE's unlock landed and the token bled 46% in five days. October's unlock was the week's largest — ~$63M, 2.1B tokens, 9.25% of circulating supply. It landed Wednesday.
The feared dump came: a -38% intraday flush to $0.0212 on the heaviest volume in 12 days. Then the story split from September. The flush got absorbed. $AKE is up ~45% in 24 hours to $0.0316, knocking on $0.037 — the resistance that capped it last week.
Two reads, same chart:
Bull: absorption — September's sellers are gone, the overhang got eaten on the flush.
Bear: a -38% flush is distribution too — 1.04B tokens went to investors, and ~$63M of new supply still dwarfs $15M daily volume.
Levels: support $0.021 (the flush base), resistance $0.037, invalidation a 4h close under $0.021.
Is this the end of unlock-fear season — or the relief rally before the overhang comes back? NFA. DYOR.
$AKE #Altcoins #Akedo #TokenUnlock #AkedoUnlock
The feared dump came: a -38% intraday flush to $0.0212 on the heaviest volume in 12 days. Then the story split from September. The flush got absorbed. $AKE is up ~45% in 24 hours to $0.0316, knocking on $0.037 — the resistance that capped it last week.
Two reads, same chart:
Bull: absorption — September's sellers are gone, the overhang got eaten on the flush.
Bear: a -38% flush is distribution too — 1.04B tokens went to investors, and ~$63M of new supply still dwarfs $15M daily volume.
Levels: support $0.021 (the flush base), resistance $0.037, invalidation a 4h close under $0.021.
Is this the end of unlock-fear season — or the relief rally before the overhang comes back? NFA. DYOR.
$AKE #Altcoins #Akedo #TokenUnlock #AkedoUnlock