#AKE 💰#AKE/USDT — +350%: continuation of the rally or the start of distribution?
AKE went through a powerful impulsive phase, rising from the $0.0022–0.0030 area to $0.01333. The price is now consolidating around $0.0123.
But after a move like this, buying at market means chasing price into Premium.
Key levels:
$0.01333 — Buy-side Liquidity.
$0.0114–0.0116 — nearest support.
$0.0090–0.0093 — the next potential retracement zone.
$0.0065–0.0069 — the previous breakout zone.
Primary scenario — LONG
We’re waiting for a retracement to $0.0114–0.0116, or deeper to $0.0090–0.0093.
Entry condition: Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest on M5.
Plan B — SHORT
If the market takes BSL above $0.01333 and confirms a bearish MSS on M5, we’ll consider a move toward $0.0115 and then $0.0092.
Invalidation: a break below $0.0090 would weaken the bullish intraday scenario. A close below $0.0065 would be a more serious structural signal.
Entry, SL, and RR are not set for now — there’s no confirmation.
My conclusion: WAIT.
We don’t buy a vertical candle or short without confirmation. First liquidity, then structure, and only then a trade.
Which scenario do you think is more likely: a continuation above $0.01333 or a correction to $0.0115?
#AKE #Crypto #TradingPlan #PriceAction #BinanceSquare
$AKE
AKE went through a powerful impulsive phase, rising from the $0.0022–0.0030 area to $0.01333. The price is now consolidating around $0.0123.
But after a move like this, buying at market means chasing price into Premium.
Key levels:
$0.01333 — Buy-side Liquidity.
$0.0114–0.0116 — nearest support.
$0.0090–0.0093 — the next potential retracement zone.
$0.0065–0.0069 — the previous breakout zone.
Primary scenario — LONG
We’re waiting for a retracement to $0.0114–0.0116, or deeper to $0.0090–0.0093.
Entry condition: Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest on M5.
Plan B — SHORT
If the market takes BSL above $0.01333 and confirms a bearish MSS on M5, we’ll consider a move toward $0.0115 and then $0.0092.
Invalidation: a break below $0.0090 would weaken the bullish intraday scenario. A close below $0.0065 would be a more serious structural signal.
Entry, SL, and RR are not set for now — there’s no confirmation.
My conclusion: WAIT.
We don’t buy a vertical candle or short without confirmation. First liquidity, then structure, and only then a trade.
Which scenario do you think is more likely: a continuation above $0.01333 or a correction to $0.0115?
#AKE #Crypto #TradingPlan #PriceAction #BinanceSquare
$AKE
