#AKE Update: TP1 & TP2 Almost Hit, Short Momentum Still Strong
Guys, remember the #AKE short setup we shared yesterday? Price dropped sharply from our entry zone of $0.057 – $0.055 and moved straight towards TP1 and TP2. Both targets are now almost hit.
Yes, we saw a small pullback, and price is currently trading around $0.051, but my view is still the same. The trend remains bearish, and I'm still watching for more downside.
Current Market View
Strong Rejection: The rejection from major resistance gave sellers control and pushed the price lower.
Minor Pullback: This small bounce could trap buyers who are rushing into new long positions.
Next Targets: If bearish momentum continues, price could move further down towards our remaining targets.
Click here for trade 👇
$AKE
Guys, remember the #AKE short setup we shared yesterday? Price dropped sharply from our entry zone of $0.057 – $0.055 and moved straight towards TP1 and TP2. Both targets are now almost hit.
Yes, we saw a small pullback, and price is currently trading around $0.051, but my view is still the same. The trend remains bearish, and I'm still watching for more downside.
Current Market View
Strong Rejection: The rejection from major resistance gave sellers control and pushed the price lower.
Minor Pullback: This small bounce could trap buyers who are rushing into new long positions.
Next Targets: If bearish momentum continues, price could move further down towards our remaining targets.
Click here for trade 👇
$AKE
