Good morning everyone.
Full breakdown on $AKE .
Volume and Open Interest both spiked hard between Aug 14–16 and have been cooling since.
That peak in activity marked the high of the move. Current volume is much lower while price is still trying to hold.
Big accounts Long/Short ratio is at 0.68.
More than 60% of large traders are already short.
Retail is even more aggressive — over 67% of small traders are shorting this bounce.
Liquidity is sitting on both sides.
Before any real drop, price can still hunt the 0.012 area or slightly higher to clear remaining long liquidity.
The level I’m watching on the downside is 0.0038.
That’s where the heaviest cluster is sitting.
I’m already in profit on the short and still holding.
I’m not chasing this bounce.
The structure still favors the downside once the remaining upside liquidity is cleared.
Stay patient.$ACE $GPS
Full breakdown on $AKE .
Volume and Open Interest both spiked hard between Aug 14–16 and have been cooling since.
That peak in activity marked the high of the move. Current volume is much lower while price is still trying to hold.
Big accounts Long/Short ratio is at 0.68.
More than 60% of large traders are already short.
Retail is even more aggressive — over 67% of small traders are shorting this bounce.
Liquidity is sitting on both sides.
Before any real drop, price can still hunt the 0.012 area or slightly higher to clear remaining long liquidity.
The level I’m watching on the downside is 0.0038.
That’s where the heaviest cluster is sitting.
I’m already in profit on the short and still holding.
I’m not chasing this bounce.
The structure still favors the downside once the remaining upside liquidity is cleared.
Stay patient.$ACE $GPS