🚨 $AKE STRETCHED BELOW THE HOURLY AVERAGE AS SELLERS PREPARE FOR CONTINUATION 📉
Entry: 0.002617 ⚡
Target: 0.002369 🚀
Stop Loss: 0.002895 ⚠️
The 4-hour and hourly charts are locked in a heavy bearish EMA structure, signaling strong distribution. Price is currently sitting multiple ATRs below the EMA50, meaning a sharp relief bounce into our resistance zone could materialize before the drop. 📊
Patience is key here while we wait for a confirmed rejection on the lower timeframes rather than chasing blindly. ⚡ Are you fading the relief bounce or waiting for the structure to break lower? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AKE #ShortSetup #CryptoFutures #Trading
🐻 🩸
Entry: 0.002617 ⚡
Target: 0.002369 🚀
Stop Loss: 0.002895 ⚠️
The 4-hour and hourly charts are locked in a heavy bearish EMA structure, signaling strong distribution. Price is currently sitting multiple ATRs below the EMA50, meaning a sharp relief bounce into our resistance zone could materialize before the drop. 📊
Patience is key here while we wait for a confirmed rejection on the lower timeframes rather than chasing blindly. ⚡ Are you fading the relief bounce or waiting for the structure to break lower? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AKE #ShortSetup #CryptoFutures #Trading
🐻 🩸
