I think $AKE is due for a sharp pullback after that 85% pump.....
Right now it's at $0.004571.
I am watching $0.0048 to $0.0056 for a strong bearish rejection.
102 whales are short with $5.82M in positions, while 54% of retail is still long.
Open interest is climbing so this setup is getting even more volatile.
My bias is a dump toward $0.0040, then $0.0035, and possibly $0.0030 if sellers take over.
But short whales are already down $1.49M, so another squeeze is still possible. A clean breakout above $0.0056 would flip my view.
No rejection, no short.
Right now it's at $0.004571.
I am watching $0.0048 to $0.0056 for a strong bearish rejection.
102 whales are short with $5.82M in positions, while 54% of retail is still long.
Open interest is climbing so this setup is getting even more volatile.
My bias is a dump toward $0.0040, then $0.0035, and possibly $0.0030 if sellers take over.
But short whales are already down $1.49M, so another squeeze is still possible. A clean breakout above $0.0056 would flip my view.
No rejection, no short.
