🚀 Analyzing the $AKE /USDT (Perp) chart on the 15-minute timeframe, we can see a very interesting move following the strong rebound from the key support zone at 0.008522. The price is currently trading at 0.010399, posting a daily gain of +16.50%.

📊 Technical chart details:

Price Action and Moving Averages (EMA): The price is testing the EMA(7) zone (at 0.010413) and looking to break strongly toward the EMA(25) (0.010849), indicating a struggle to resume the short-term uptrend after a consolidation phase. The EMA(99) remains higher (0.011373), acting as the main target to break if the bulls take full control.

RSI (6): At 44.01, neutral to slightly bullish, showing plenty of room to breathe and rise before entering overbought territory.

StochRSI: Shows a crossover in the lower range (STOCHRSI: 35.20 and MASTOCHRSI: 25.91), moving out of compressed zones and pointing upward, suggesting a possible imminent surge.

Long/Short Ratio: At 0.66, with 60.37% of positions Short versus 39.63% Long. Pay attention here! This divergence in market sentiment, with so many traders positioned Short, could trigger an explosive Short Squeeze if the price breaks through the immediate resistance on high volume.

📝 Post ready for Binance Square:

🔥 Is a Short Squeeze coming for AKE/USDT? Keep an eye on this move! ⚡️

The AKE/USDT pair is showing key action on the 15m chart. After hitting a low of 0.008522, the price has rebounded +16.50% and is stabilizing above 0.01039.

🔎 What are the indicators telling us?

StochRSI crossing upward from the lower range, setting the stage for a new surge.

RSI at 44, with plenty of room to move higher.

⚠️ Key takeaway! The Long/Short Ratio shows Shorts dominating the market at 60.37%. With so much accumulated selling pressure, a clear break above the EMA(25) could trigger a massive short liquidation.

Are you accumulating or waiting for confirmation? Leave your thoughts in the comments! 👇📈

#AKE #BinanceSquare #BitcoinActiveSupplyInProfitDropsBelow45%