$AKE literally doubled off Friday's 0.00296 flush low in hours ๐ฅ
๐๐ง
EDO is +17.8% in 24h on CMC at about 0.00587, with roughly 169.9M USD traded. It is trending on CMC, even though it is still -53.5% on the week.
On Nov 4, AKE was around 0.00283. Now it's 0.00594.
๐ What the chart shows
On Gate the 24h high of 0.006308 printed at 9:30 AM ET Friday, then price flushed hard to the 24h low of 0.00296 at 11:00 AM. It based near 0.0035 to 0.0041 through the afternoon, then reclaimed 0.0053 by 8:00 PM and tagged 0.00617 around 10:15 PM. A dip to 0.00421 just after midnight got bought fast, and it is back near 0.00594.
๐ Why it moved
Gate traded about 33.4M USD in 24h. The 11:15 AM ET rebound candle ran about 7.3x median 15m volume, and the 9:30 AM top was about 6.9x.
โก Where I would actually step into $AKE (and where I bail) is in my TG
๐งญ Key levels
๐ข Support: 0.00475, then 0.00421
๐ด Resistance: 0.00617, then 0.00631
๐ Hold above 0.00475 and buyers keep pressing for a break of the 0.00617 to 0.00631 ceiling.
๐ป Lose 0.00421 and the midday 0.0035 to 0.0041 base is back on the table.
๐๐ง
EDO is +17.8% in 24h on CMC at about 0.00587, with roughly 169.9M USD traded. It is trending on CMC, even though it is still -53.5% on the week.
On Nov 4, AKE was around 0.00283. Now it's 0.00594.
๐ What the chart shows
On Gate the 24h high of 0.006308 printed at 9:30 AM ET Friday, then price flushed hard to the 24h low of 0.00296 at 11:00 AM. It based near 0.0035 to 0.0041 through the afternoon, then reclaimed 0.0053 by 8:00 PM and tagged 0.00617 around 10:15 PM. A dip to 0.00421 just after midnight got bought fast, and it is back near 0.00594.
๐ Why it moved
Gate traded about 33.4M USD in 24h. The 11:15 AM ET rebound candle ran about 7.3x median 15m volume, and the 9:30 AM top was about 6.9x.
โก Where I would actually step into $AKE (and where I bail) is in my TG
๐งญ Key levels
๐ข Support: 0.00475, then 0.00421
๐ด Resistance: 0.00617, then 0.00631
๐ Hold above 0.00475 and buyers keep pressing for a break of the 0.00617 to 0.00631 ceiling.
๐ป Lose 0.00421 and the midday 0.0035 to 0.0041 base is back on the table.
