$AKE up to $0.01 by Friday. Below $0.0083 I'm wrong.
AKE flushed 20.4% in 24 hours, from $0.0115 down to $0.0087. Funding sits at -0.3287% per 4h, so shorts pay longs just to wait. Price already refuses to print a fresh low under $0.0083.
Open interest is only $10.56M, down 3.8% in 1 hour after the flush. Thin book, crowded short side.
That's squeeze fuel, not a trend. Which comes first, $0.01 or $0.0083?
AKE flushed 20.4% in 24 hours, from $0.0115 down to $0.0087. Funding sits at -0.3287% per 4h, so shorts pay longs just to wait. Price already refuses to print a fresh low under $0.0083.
Open interest is only $10.56M, down 3.8% in 1 hour after the flush. Thin book, crowded short side.
That's squeeze fuel, not a trend. Which comes first, $0.01 or $0.0083?
