$AKE is pumping hard… but the part I’m watching now isn’t the pump. It’s what’s happening after it. 👀
Price has been consolidating aggressively around the same area, and liquidity is building on both sides. The previous All time high is still roughly 60% above current price, so with a coin this volatile, a nasty wick or another squeeze is absolutely possible before the real direction shows itself.
That’s why I’m watching this one closely instead of blindly jumping into a short.
We saw a similar story with $LSK one insane final push, shorts got destroyed, and then the move eventually cooled off.
I think $AKE is getting closer to the interesting part of its cycle. I’m waiting for the right confirmation rather than trying to guess the exact top.
And if you’re already stuck in a short, don’t let one random wick decide everything. Manage your liquidation carefully, keep enough margin, and don’t overleverage. Patience matters more than trying to fight every candle.
Price has been consolidating aggressively around the same area, and liquidity is building on both sides. The previous All time high is still roughly 60% above current price, so with a coin this volatile, a nasty wick or another squeeze is absolutely possible before the real direction shows itself.
That’s why I’m watching this one closely instead of blindly jumping into a short.
We saw a similar story with $LSK one insane final push, shorts got destroyed, and then the move eventually cooled off.
I think $AKE is getting closer to the interesting part of its cycle. I’m waiting for the right confirmation rather than trying to guess the exact top.
And if you’re already stuck in a short, don’t let one random wick decide everything. Manage your liquidation carefully, keep enough margin, and don’t overleverage. Patience matters more than trying to fight every candle.