$AKE Short Setup
$AKE is showing clear signs of weakness after struggling to sustain the recent recovery. Price is facing selling pressure, and if bearish momentum continues, another move toward the lower support zones could develop.
Short Setup $AKE
TP1: 0.009
TP2: 0.008
TP3: 0.007
SL: Above 0.012
The key idea is to watch how price reacts around the current resistance area. A continued rejection with increasing selling pressure could strengthen the short setup, while a strong breakout above the invalidation level would weaken the bearish view.
Consider securing partial profits at each target and managing position size carefully. Do not over-leverage a setup like this.
DYOR (Do Your Own Research).
$AKE is showing clear signs of weakness after struggling to sustain the recent recovery. Price is facing selling pressure, and if bearish momentum continues, another move toward the lower support zones could develop.
Short Setup $AKE
TP1: 0.009
TP2: 0.008
TP3: 0.007
SL: Above 0.012
The key idea is to watch how price reacts around the current resistance area. A continued rejection with increasing selling pressure could strengthen the short setup, while a strong breakout above the invalidation level would weaken the bearish view.
Consider securing partial profits at each target and managing position size carefully. Do not over-leverage a setup like this.
DYOR (Do Your Own Research).