$AKE decided to show the market how quickly you can turn a chart into a vertical wall. 😂

$0.0200 — new ATH.

I’m looking at the 15M timeframe and I see movement that I definitely don’t want to buy after this pump.

Because with coins like this, the same scenario often plays out:

first everyone screams “new ATH”,

then the last buyers enter at the very top,

and then the market takes their liquidity.

Right now the market cap of $AKE is already around $425M.

For me, that’s too far from the zone where I’d feel comfortable evaluating the coin.

I’d rather wait for a return to the $250M area.

I’m not claiming it will happen for sure.

But if buyers start to weaken, I’ll be looking for exactly a SHORT.

For now, I’ve kept my hands off the button.

First let the pump prove that it can survive.

#Altcoins #AKE