Is AKE trapped inside a bearish 4h stack?
🔴 SHORT $AKE /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0044707 – 0.0045613
TP1: 0.0031523 (-30.2%)
TP2: 0.0022431 (-50.3%)
TP3: 0.0008794 (-80.5%)
SL: 0.0063343 (+40.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.9)
Risk: Price is washed out, bounces are common from here (4h RSI 16.6, oversold)
Q: Why short AKE here?
A: The 4h trend shows price below EMA50 and EMA200, a bearish stack.
Q: When is this trade wrong?
A: A bounce is likely because the 1h price is 4.6 ATR below its EMA50.
What level would make you take the opposite side?