🚨$AKE IS BACK WITH A MASSIVE RECOVERY! IS $0.007 NEXT?
It is showing serious bullish momentum after spending several days in a strong downtrend. The chart was continuously making lower highs and lower lows, with price falling close to the $0.0020 region. However, the recent recovery has completely changed the short term picture.
The most important level here is $0.003954. It previously acted as a major resistance zone, but AKE has now broken above it with strong buying pressure. Price is currently trading around $0.006131, up more than 64% in 24 hours, and approaching the recent high of $0.006351. The next challenge is holding above $0.0060 and breaking through $0.00635. If buyers maintain this momentum, $0.0068 and $0.0070 could become the next upside targets. However, after such a sharp rally, some profit-taking and a short term pullback would not be surprising.
The old downtrend was extremely strong, but this recovery is equally important to watch. AKE has finally shown buyers are willing to step back into the market.
Can AKE turn this recovery into a full trend reversal, or will sellers take control again?
Watchout for $AIN & $LYN too, both seems to be recovering.
#akeusdt #AINUSDT #LYNUSDT
It is showing serious bullish momentum after spending several days in a strong downtrend. The chart was continuously making lower highs and lower lows, with price falling close to the $0.0020 region. However, the recent recovery has completely changed the short term picture.
The most important level here is $0.003954. It previously acted as a major resistance zone, but AKE has now broken above it with strong buying pressure. Price is currently trading around $0.006131, up more than 64% in 24 hours, and approaching the recent high of $0.006351. The next challenge is holding above $0.0060 and breaking through $0.00635. If buyers maintain this momentum, $0.0068 and $0.0070 could become the next upside targets. However, after such a sharp rally, some profit-taking and a short term pullback would not be surprising.
The old downtrend was extremely strong, but this recovery is equally important to watch. AKE has finally shown buyers are willing to step back into the market.
Can AKE turn this recovery into a full trend reversal, or will sellers take control again?
Watchout for $AIN & $LYN too, both seems to be recovering.
#akeusdt #AINUSDT #LYNUSDT
