$AKE fell 44.21%.
My take: Positions are increasing as the price falls, with new positions and price moving in the same direction—bears are in control.
0.00287573 below (15m structural level · 15 touches) is the nearest support. The downside only opens up if it breaks; if a rebound to 0.00388635 (15m structural level · 17 touches) fails to reclaim it, the weak structure can be considered intact.
#AKE #Binance Futures
Will you wait for the price to stabilize, or continue to stay on the sidelines?
My take: Positions are increasing as the price falls, with new positions and price moving in the same direction—bears are in control.
0.00287573 below (15m structural level · 15 touches) is the nearest support. The downside only opens up if it breaks; if a rebound to 0.00388635 (15m structural level · 17 touches) fails to reclaim it, the weak structure can be considered intact.
#AKE #Binance Futures
Will you wait for the price to stabilize, or continue to stay on the sidelines?
