Pair $AKE 💰💰💰
1. Bullish scenario 🚀: If the price sustains its upward momentum on high volume and closes the daily candle above the 0.0130000 resistance zone (breaking above both the 25 EMA and the 200 EMA), the downtrend will be broken. The price could then extend its recovery toward the 0.0200000 zone.
2. Correction scenario (More likely) 👇: Since the single-session gain has already been overheated (+156%) and a strong resistance confluence zone is just above, the price is very likely to face profit-taking pressure and turn downward for a correction (retest) of the 0.0040000 zone before its next direction becomes clear.
1. Bullish scenario 🚀: If the price sustains its upward momentum on high volume and closes the daily candle above the 0.0130000 resistance zone (breaking above both the 25 EMA and the 200 EMA), the downtrend will be broken. The price could then extend its recovery toward the 0.0200000 zone.
2. Correction scenario (More likely) 👇: Since the single-session gain has already been overheated (+156%) and a strong resistance confluence zone is just above, the price is very likely to face profit-taking pressure and turn downward for a correction (retest) of the 0.0040000 zone before its next direction becomes clear.
