This one is a fresh listing (up 12,800% in 90 days), so expect maximum volatilityđ
We had the classic listing pump to 0.08, followed by a brutal bleed down to the 0.022 support zone.
Right now it's trying to consolidate around 0.0246.
However, volume has dried up significantly on this pullback, and we're getting a little relief bounce today. If BTC holds steady, I think we get a short-term dead cat bounce from here.
đ Trade Setup: Long Scalp
· Entry: 0.0240 - 0.0246 (current price)
· Stop Loss (SL): 0.0215
· Take Profit 1: 0.0265
· Take Profit 2: 0.0290
Keep your leverage LOW (3-5x max).
This is a new token with bearish news overhead.
$AKE
We had the classic listing pump to 0.08, followed by a brutal bleed down to the 0.022 support zone.
Right now it's trying to consolidate around 0.0246.
However, volume has dried up significantly on this pullback, and we're getting a little relief bounce today. If BTC holds steady, I think we get a short-term dead cat bounce from here.
đ Trade Setup: Long Scalp
· Entry: 0.0240 - 0.0246 (current price)
· Stop Loss (SL): 0.0215
· Take Profit 1: 0.0265
· Take Profit 2: 0.0290
Keep your leverage LOW (3-5x max).
This is a new token with bearish news overhead.
$AKE