$AKE : Executing a Short on a persistent offer in the middle bands.
The price is struggling to recover the MA7 and MA25 on the 15m chart, indicating a persistent offer above. With RSI(6) at 46 and the asset trading far below the 1h MA99 of 0.0547, the path of least resistance remains downward toward the support level of 0.0487.
Entry: 0.051905 – 0.052794
Stop Loss: 0.054378
TP1: 0.0495
TP2: 0.0472
Click here to trade 👇
The price is struggling to recover the MA7 and MA25 on the 15m chart, indicating a persistent offer above. With RSI(6) at 46 and the asset trading far below the 1h MA99 of 0.0547, the path of least resistance remains downward toward the support level of 0.0487.
Entry: 0.051905 – 0.052794
Stop Loss: 0.054378
TP1: 0.0495
TP2: 0.0472
Click here to trade 👇