🚨 #AKE Short Setup: Massive Pump, Correction Could Be Next
$AKE has pumped massively from $0.0018 to $0.00538. After such a huge move, I'm watching for a possible correction.
Why I'm Looking for a SHORT:
Overbought RSI: RSI(6) is at 87.59, showing that the coin is heavily overbought. Buyers may start losing momentum, giving sellers a chance to take control.
Huge Pump: The price has gone up very quickly, so a sharp pullback is possible.
Resistance Rejection: Price is facing resistance near the top and starting to show red candles, which could be an early sign of selling pressure.
Short Trade Setup:
Entry Price : CMP / $0.0048–$0.0051
Stop Loss $0.0058
Take Profit $0.0030
$AKE has pumped massively from $0.0018 to $0.00538. After such a huge move, I'm watching for a possible correction.
Why I'm Looking for a SHORT:
Overbought RSI: RSI(6) is at 87.59, showing that the coin is heavily overbought. Buyers may start losing momentum, giving sellers a chance to take control.
Huge Pump: The price has gone up very quickly, so a sharp pullback is possible.
Resistance Rejection: Price is facing resistance near the top and starting to show red candles, which could be an early sign of selling pressure.
Short Trade Setup:
Entry Price : CMP / $0.0048–$0.0051
Stop Loss $0.0058
Take Profit $0.0030
