$AKE A rebound is the best entry opportunity!

The downtrend has steadily driven the price from a high of 0.035 down to 0.026. A large number of leveraged longs had already been liquidated, and just now, during a strong rebound from the bottom, short liquidations reached 200,000 at 0.033—wiping out both longs and shorts!

Look closely and you’ll notice that after each wick, the price action gets lower and lower. The main goal is to shake out retail traders who are chasing shorts!

On-chain outflows have now started, which suggests the price is still likely to fall. At the current price of 0.03, you can open short positions in batches and set your stop-loss just above the recent high marked by the surge in volume!

#NEARIntents用户付费超2900万美元 #IMF称代币化市场仍小且碎片化