Here’s what I’m seeing right now at $AKE 👀
After the pump from ~$0.02 to $0.06, a lot of people are already expecting a strong dump. But there’s one interesting point: about 68% of traders are currently in SHORT.
Price went up → then Open Interest started rising.
And this is where I wouldn’t rush into shorting. If there really are too many short positions, the market may first give them another painful squeeze to the upside 📈
My scenario: one more pump for AKE, and only then— a more serious correction.
Let’s see if crowd psychology will play out again.
After the pump from ~$0.02 to $0.06, a lot of people are already expecting a strong dump. But there’s one interesting point: about 68% of traders are currently in SHORT.
Price went up → then Open Interest started rising.
And this is where I wouldn’t rush into shorting. If there really are too many short positions, the market may first give them another painful squeeze to the upside 📈
My scenario: one more pump for AKE, and only then— a more serious correction.
Let’s see if crowd psychology will play out again.
