$AKE 5 minutes -1.39%, current price 0.01174. If you're itching to buy the dip, run through these three questions first:
① The 24h low of 0.005853 is still below us. Have we seen any signs of a bottom?
② It's still up +84.21% over 24h. Is this profit-taking or a reversal?
③ Are you ready with a position size? If your dip-buying call is wrong, how will you get out?
If you can't answer these, it may be better to wait and see.
A rebound near where the decline began will often meet resistance.
You're responsible for your own risk—just chatting.
① The 24h low of 0.005853 is still below us. Have we seen any signs of a bottom?
② It's still up +84.21% over 24h. Is this profit-taking or a reversal?
③ Are you ready with a position size? If your dip-buying call is wrong, how will you get out?
If you can't answer these, it may be better to wait and see.
A rebound near where the decline began will often meet resistance.
You're responsible for your own risk—just chatting.
