đš AKE (AKEDO) Update
Price: around $0.0086 currently.
Major event: 2.1â2.13B AKE tokens are scheduled to unlock today, Aug 21, creating significant potential sell pressure.
Support: $0.0075 â $0.0060
Resistance: $0.0090 â $0.0105
Bullish signal: Reclaiming and holding $0.0090 after the unlock could indicate that the market absorbed the new supply.
Bearish signal: Losing $0.0075 could open a move toward $0.0060.
My view: đŽ High-risk / cautious right now. The unlock is the main catalyst, so I would avoid chasing AKE until we see how price reacts after the new tokens enter circulation.$AKE
Price: around $0.0086 currently.
Major event: 2.1â2.13B AKE tokens are scheduled to unlock today, Aug 21, creating significant potential sell pressure.
Support: $0.0075 â $0.0060
Resistance: $0.0090 â $0.0105
Bullish signal: Reclaiming and holding $0.0090 after the unlock could indicate that the market absorbed the new supply.
Bearish signal: Losing $0.0075 could open a move toward $0.0060.
My view: đŽ High-risk / cautious right now. The unlock is the main catalyst, so I would avoid chasing AKE until we see how price reacts after the new tokens enter circulation.$AKE