📉 $AKE Short Setup
I’ve got a clean short setup for $AKE on the chart.
I originally placed a short limit order around $0.017, but the price missed it by just a tiny margin. No worries — these things happen.
If you’re looking at this setup, one approach could be scaling into the position with DCA, but only with strict risk management and a clearly defined Stop Loss and Take Profit.
🔑 Key level to watch: $0.025
If $AKE makes another strong move upward and breaks above $0.025, it could trigger a squeeze and potentially liquidate a lot of short positions.
On the other hand, if the price starts turning lower from here, the chart points toward an initial target around $0.0038.
⚠️ As always, manage your risk carefully. Don’t risk more than you can afford to lose, especially in a volatile market.
Good luck, everyone! 📊
#AKE
I’ve got a clean short setup for $AKE on the chart.
I originally placed a short limit order around $0.017, but the price missed it by just a tiny margin. No worries — these things happen.
If you’re looking at this setup, one approach could be scaling into the position with DCA, but only with strict risk management and a clearly defined Stop Loss and Take Profit.
🔑 Key level to watch: $0.025
If $AKE makes another strong move upward and breaks above $0.025, it could trigger a squeeze and potentially liquidate a lot of short positions.
On the other hand, if the price starts turning lower from here, the chart points toward an initial target around $0.0038.
⚠️ As always, manage your risk carefully. Don’t risk more than you can afford to lose, especially in a volatile market.
Good luck, everyone! 📊
#AKE