⚠️ $AKE – Be Careful, Long Traders
I'm seeing a bearish divergence forming on $AKE. At the same time, trading volume is gradually fading, which doesn't support a move to new highs.
In my view, ATH has already been formed. Even if another pump happens, I expect the upside to be limited around 0.0035–0.0038. Based on my analysis, 0.004 is unlikely.
Tomorrow (Monday) will be very important. If volume doesn't return and we get a 1-hour candle closing below 0.003, it could open the door for a deeper correction, with downside targets around 0.0018–0.0010.
Trade carefully, manage your risk, and DYOR.
I'm seeing a bearish divergence forming on $AKE. At the same time, trading volume is gradually fading, which doesn't support a move to new highs.
In my view, ATH has already been formed. Even if another pump happens, I expect the upside to be limited around 0.0035–0.0038. Based on my analysis, 0.004 is unlikely.
Tomorrow (Monday) will be very important. If volume doesn't return and we get a 1-hour candle closing below 0.003, it could open the door for a deeper correction, with downside targets around 0.0018–0.0010.
Trade carefully, manage your risk, and DYOR.