๐จ $AKE REBOUNDING INTO HEAVY RESISTANCE ZONE FOR A HIGH-PROBABILITY SHORT FLIP! ๐
Entry: 0.05000 - 0.05400 โก
Target: 0.04000 - 0.03117 ๐ฏ
Stop Loss: 0.05550 โ ๏ธ
๐ The relief bounce on $AKE is running straight into a wall of overhead supply between 0.05000 and 0.05400, the exact zone where aggressive selling previously drove price down to 0.03117. ๐ Momentum on this retracement is showing signs of exhaustion, setting up a prime order block for bears to step back in and reclaim control.
๐ก If overhead seller pressure confirms a rejection here, the path of least resistance points back down toward target liquidity at 0.04000 and the previous swing low. ๐ A decisive move above 0.05550 completely invalidates this bearish setup. ๐ฌ Are you shorting this retest into supply or waiting for a breakout above resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #AKE #ShortSetup #CryptoTrading #Bearish
๐ ๐ป
Entry: 0.05000 - 0.05400 โก
Target: 0.04000 - 0.03117 ๐ฏ
Stop Loss: 0.05550 โ ๏ธ
๐ The relief bounce on $AKE is running straight into a wall of overhead supply between 0.05000 and 0.05400, the exact zone where aggressive selling previously drove price down to 0.03117. ๐ Momentum on this retracement is showing signs of exhaustion, setting up a prime order block for bears to step back in and reclaim control.
๐ก If overhead seller pressure confirms a rejection here, the path of least resistance points back down toward target liquidity at 0.04000 and the previous swing low. ๐ A decisive move above 0.05550 completely invalidates this bearish setup. ๐ฌ Are you shorting this retest into supply or waiting for a breakout above resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #AKE #ShortSetup #CryptoTrading #Bearish
๐ ๐ป

