$AKE Short from 0.004982, target 0.004215 (1:2)
Short 📉
📍 Entry zone 0.004982
🛑 SL 0.005366
🎯 TP 0.004215
AKE is among the top gainers on Binance futures, +60% in 24h, after a 117% push from 0.002376 over 35 hours. 0.004215 is the bottom of that 29% pullback and price has not been back to it since. That break of 0.00495 was small (4.0%), a quick poke and a sell-off from 0.005148. Looks like a failed breakout to me. The inducement at 0.004215 is the target and the stop is 7.71% away at 0.005366.
#AKE #Altcoins #FuturesTrading
Short 📉
📍 Entry zone 0.004982
🛑 SL 0.005366
🎯 TP 0.004215
AKE is among the top gainers on Binance futures, +60% in 24h, after a 117% push from 0.002376 over 35 hours. 0.004215 is the bottom of that 29% pullback and price has not been back to it since. That break of 0.00495 was small (4.0%), a quick poke and a sell-off from 0.005148. Looks like a failed breakout to me. The inducement at 0.004215 is the target and the stop is 7.71% away at 0.005366.
#AKE #Altcoins #FuturesTrading
