$AKE 1-hour trading volume surged 3.8x, the price rose 1.93%, and the current price is 0.01346.
If the price barely moves after a surge in volume, it means buyers and sellers are evenly matched. Whichever side gives in first, the price will move in the opposite direction.
Technically, this move should be assessed together with the daily chart structure, as short-term anomalies are easily corrected.
Follow me to catch market movements in real time and don’t miss the next takeoff opportunity.
If the price barely moves after a surge in volume, it means buyers and sellers are evenly matched. Whichever side gives in first, the price will move in the opposite direction.
Technically, this move should be assessed together with the daily chart structure, as short-term anomalies are easily corrected.
Follow me to catch market movements in real time and don’t miss the next takeoff opportunity.
