🐋 For those watching the money flow:
$AKE 5-minute surge of +7.42%, current price 0.002727, 24h trading volume $173 million.
What does the money flow suggest?
· The gains came in just five minutes, which suggests aggressive buying
· It’s still down -42.11% over 24h, which looks more like short covering
· Keep an eye on whether aggressive buy orders continue; if they dry up, gains could easily be given back
Which side are you on?
$AKE 5-minute surge of +7.42%, current price 0.002727, 24h trading volume $173 million.
What does the money flow suggest?
· The gains came in just five minutes, which suggests aggressive buying
· It’s still down -42.11% over 24h, which looks more like short covering
· Keep an eye on whether aggressive buy orders continue; if they dry up, gains could easily be given back
Which side are you on?