AKE keeps falling, but oversold bounces are common.
🔴 SHORT $AKE /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0089826 – 0.0091594
TP1: 0.0066973 (-26.2%)
TP2: 0.0051149 (-43.6%)
TP3: 0.0027413 (-69.8%)
SL: 0.0122359 (+34.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? AKE checklist: 4/12 agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (1h RSI 33.2)
Watch: Price is washed out, bounces are common from here (4h RSI 24.2, oversold)
Watch: The idea is wrong if price reaches the stop at 0.0122359
Verdict: The 4h trend shows a bearish stack, meaning the swing is down, but the 1h RSI is oversold, meaning a bounce could hit.
Where do you put your invalidation level?