Long Trading Plan $AKE
$AKE flushed hard from 0.00455, now reclaiming the midpoint of the previous range.
Entry: $0.00375-$0.00390
Stop loss: $0.00355
Targets: $0.00405 / $0.00435 / $0.00465
AKE dropped 6.53% in 24h; sellers are exhausted. RSI is neutral, the Bollinger Bands width remains stable after contracting. Buyers are aggressive, taker buy volume is 1.04. OI added 9.7% during this drop, suggesting absorption. Retail is very short, while the main traders are less so. This sets up a clean bounce against the trend. If it loses $0.00355, the thesis is broken.
$AKE trade from here 👇
$AKE flushed hard from 0.00455, now reclaiming the midpoint of the previous range.
Entry: $0.00375-$0.00390
Stop loss: $0.00355
Targets: $0.00405 / $0.00435 / $0.00465
AKE dropped 6.53% in 24h; sellers are exhausted. RSI is neutral, the Bollinger Bands width remains stable after contracting. Buyers are aggressive, taker buy volume is 1.04. OI added 9.7% during this drop, suggesting absorption. Retail is very short, while the main traders are less so. This sets up a clean bounce against the trend. If it loses $0.00355, the thesis is broken.
$AKE trade from here 👇