$AKE
K.O.!! 💥🥊
The price at 0.0123 takes a hard hit that drives momentum into a rapid collapse 📉⚡
Over 4 hours, the price drops by about 25% in silence, and on the 15-minute timeframe the moving average is completely broken. Then the bounce fails at the top, and the price starts losing its downward momentum 🚨📉
In the spot order book, a buy wall appears at 1.37x, which may just be a liquidity trap 🎣💧
Sell pressure is also increasing: aggressive sell orders at 53.8%, while the value of open positions fell by 26.5% over 7 hours. And as funding turns negative, it looks like traders in long positions started to flee 🌪️💀
📉 Short-selling plan:
Entry: 0.0087
TP1: 0.0078
TP2: 0.0066
TP3: 0.0049
SL: 0.0102
⚠️ Use strict risk management, and don’t chase the move with high leverage.
K.O.!! 💥🥊
The price at 0.0123 takes a hard hit that drives momentum into a rapid collapse 📉⚡
Over 4 hours, the price drops by about 25% in silence, and on the 15-minute timeframe the moving average is completely broken. Then the bounce fails at the top, and the price starts losing its downward momentum 🚨📉
In the spot order book, a buy wall appears at 1.37x, which may just be a liquidity trap 🎣💧
Sell pressure is also increasing: aggressive sell orders at 53.8%, while the value of open positions fell by 26.5% over 7 hours. And as funding turns negative, it looks like traders in long positions started to flee 🌪️💀
📉 Short-selling plan:
Entry: 0.0087
TP1: 0.0078
TP2: 0.0066
TP3: 0.0049
SL: 0.0102
⚠️ Use strict risk management, and don’t chase the move with high leverage.
