AKE is slashing lower, the bears have seized the top of the range and the price is primed to tumble. Momentum is screaming short as the market tears through the last bullish block.
đŽ $AKE SHORT đ
Entry $0.008699-$0.008717 | SL $0.008969 (-3.0%) | TP1 $0.008577 (+1.5%) | TP2 $0.008273 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure flipped with a clear CHoCH as price broke the swing high, and the CVD turned negative confirming the sell pressure. A fresh fair value gap sits right under the broken order block, creating a POI where the OB and FVG overlap. Volume backing the move makes the short entry feel raw and aggressive.
A 3âŻ% stop is fairly tight on this swing, so keep leverage around 2â3Ă to stay safe.
Take half the position off at the first target to lock in the early gain.
As always: manage your risk, this is not financial advice đ
$AKE #AKEUSDT #SMC #TradingSignals #Write2Earn
đŽ $AKE SHORT đ
Entry $0.008699-$0.008717 | SL $0.008969 (-3.0%) | TP1 $0.008577 (+1.5%) | TP2 $0.008273 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure flipped with a clear CHoCH as price broke the swing high, and the CVD turned negative confirming the sell pressure. A fresh fair value gap sits right under the broken order block, creating a POI where the OB and FVG overlap. Volume backing the move makes the short entry feel raw and aggressive.
A 3âŻ% stop is fairly tight on this swing, so keep leverage around 2â3Ă to stay safe.
Take half the position off at the first target to lock in the early gain.
As always: manage your risk, this is not financial advice đ
$AKE #AKEUSDT #SMC #TradingSignals #Write2Earn