🐋 A note for watching the order book:
$AKE 1-hour sharp surge of +6.97%, current price 0.005881, 24h trading volume of $265 million.
Breaking down the fund flows:
· The gains were concentrated in a short 1-hour window, suggesting aggressive buying
· The 24h change is still -1.82%, which looks more like short covering
· Next, watch whether large orders keep coming in; if they stop, the gains could easily be given back
What do you think?
#AKE
$AKE 1-hour sharp surge of +6.97%, current price 0.005881, 24h trading volume of $265 million.
Breaking down the fund flows:
· The gains were concentrated in a short 1-hour window, suggesting aggressive buying
· The 24h change is still -1.82%, which looks more like short covering
· Next, watch whether large orders keep coming in; if they stop, the gains could easily be given back
What do you think?
#AKE