🔴 $AKE /USDT · Bias: SHORT
AKE price is below the 4h EMA50 and EMA200, so the swing trend is down.
Entry: 0.0047322 – 0.0048798
TP1: 0.0037688 (-21.6%)
TP2: 0.0030773 (-36.0%)
TP3: 0.0020401 (-57.6%)
SL: 0.0061890 (+28.8%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200, meaning the swing trend is bearish and sellers are in control.
Risk: Buyers have the momentum (1h RSI 60.8)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short has more upside or downside from here?