🔴 $AKE — Is the Rally Running Out of Steam?
After such an explosive move, I'm keeping my eyes on a possible SHORT opportunity in $AKE . 👀
📍 My Trading Plan:
🔻 Entry Zone: 0.01300 – 0.01350
🛑 Stop Loss: 15m candle close above 0.01445
🎯 TP1: 0.01159
🎯 TP2: 0.01070
🎯 TP3: 0.00964
Why am I watching the SHORT side?
1️⃣ Price has faced repeated rejection near 0.014348, showing resistance is still important.
2️⃣ The rally has stretched far above the Supertrend level at 0.010973.
3️⃣ The order book currently shows more sell-side pressure (54.65%) than buy-side pressure (45.35%).
4️⃣ Heavy trading volume after a sharp rally could bring increased profit-taking.
5️⃣ A gain of around 248% in seven days makes a cooling-off phase possible.
⚠️ Important: This setup becomes invalid if a 15-minute candle closes above 0.014348. I won't force a short if buyers take control.
I'm keeping risk management first, using low leverage and a strict stop-loss. No trade is guaranteed!
🔥 Your opinion?
Will $AKE face a correction toward 0.0115, or will bulls break above 0.0143 and push toward a new high?
Drop your thoughts below! 👇
#AKE
#AKEUSDT #cryptotrading #ShortSetup #BinanceSquare
$AKE
After such an explosive move, I'm keeping my eyes on a possible SHORT opportunity in $AKE . 👀
📍 My Trading Plan:
🔻 Entry Zone: 0.01300 – 0.01350
🛑 Stop Loss: 15m candle close above 0.01445
🎯 TP1: 0.01159
🎯 TP2: 0.01070
🎯 TP3: 0.00964
Why am I watching the SHORT side?
1️⃣ Price has faced repeated rejection near 0.014348, showing resistance is still important.
2️⃣ The rally has stretched far above the Supertrend level at 0.010973.
3️⃣ The order book currently shows more sell-side pressure (54.65%) than buy-side pressure (45.35%).
4️⃣ Heavy trading volume after a sharp rally could bring increased profit-taking.
5️⃣ A gain of around 248% in seven days makes a cooling-off phase possible.
⚠️ Important: This setup becomes invalid if a 15-minute candle closes above 0.014348. I won't force a short if buyers take control.
I'm keeping risk management first, using low leverage and a strict stop-loss. No trade is guaranteed!
🔥 Your opinion?
Will $AKE face a correction toward 0.0115, or will bulls break above 0.0143 and push toward a new high?
Drop your thoughts below! 👇
#AKE
#AKEUSDT #cryptotrading #ShortSetup #BinanceSquare
$AKE
