$AKE is nearing the key resistance level at 0.03, and short-term selling pressure is emerging!
During its previous rise, AKE repeatedly pulled back and printed long wicks as earlier trapped holders continued to exit. With relatively few long positions in the market, it was comparatively easy for the main players to push the price higher.
These short-term pullbacks are all due to earlier trapped holders exiting, compounded by the current daily-chart resistance at 0.03. Retail investors who entered at lower levels are now creating concentrated selling pressure in the short term.
$龙虾 #贝莱德加密资产规模增长63%
During its previous rise, AKE repeatedly pulled back and printed long wicks as earlier trapped holders continued to exit. With relatively few long positions in the market, it was comparatively easy for the main players to push the price higher.
These short-term pullbacks are all due to earlier trapped holders exiting, compounded by the current daily-chart resistance at 0.03. Retail investors who entered at lower levels are now creating concentrated selling pressure in the short term.
$龙虾 #贝莱德加密资产规模增长63%