$AKE has just delivered a massive breakout on the 1D chart, surging more than 77% and pushing through the previous 0.0120–0.0140 resistance...
The move is extremely strong, but price is now extended. Rather than chasing the candle, the better setup is to watch for a controlled pullback and continuation above the breakout zone.
AKE MOMENTUM SETUP
Buy Zone: 0.01380 – 0.01520
Targets: TP1 — 0.01750
TP2 — 0.02000
TP3 — 0.02250
Stop Loss: 0.01250
If $BTR
$TUT
holds the breakout area and starts building support above 0.0150, another expansion could follow... a loss of 0.0125 would invalidate the setup.
BUY and TRADE
The move is extremely strong, but price is now extended. Rather than chasing the candle, the better setup is to watch for a controlled pullback and continuation above the breakout zone.
AKE MOMENTUM SETUP
Buy Zone: 0.01380 – 0.01520
Targets: TP1 — 0.01750
TP2 — 0.02000
TP3 — 0.02250
Stop Loss: 0.01250
If $BTR
$TUT
holds the breakout area and starts building support above 0.0150, another expansion could follow... a loss of 0.0125 would invalidate the setup.
BUY and TRADE
