$AKE 1 hours, down 8.5%; the current price is 0.03199. There are two possible scenarios:
① It stabilizes and recovers the breakdown level → this move was probably driven by panic selling
② The rebound lacks strength and it breaks below the 24-hour low of 0.0294 → weakness is likely to continue
I’ll wait to see how the first rebound plays out before making a call. Are you bullish or leaning bearish in the short term?
① It stabilizes and recovers the breakdown level → this move was probably driven by panic selling
② The rebound lacks strength and it breaks below the 24-hour low of 0.0294 → weakness is likely to continue
I’ll wait to see how the first rebound plays out before making a call. Are you bullish or leaning bearish in the short term?