That wick to 0.1646 was pure exit liquidity. Now it is bleeding.
🔴 Opening short on $AKE
📍 Entry: 0.0500 to 0.0530
🎯 TP1: 0.0453
🎯 TP2: 0.0400
🎯 TP3: 0.0350
🛑 Stop Loss: 0.0580
Potential reward-to-risk: approximately 1.3R / 2.6R / 3.9R across the targets.
Keep size small here. Post-blowoff moves get ugly in both directions.
The chart tells the story better than any write-up. $AKE ran from 0.02 to 0.16 in two days, then gave it all back in a single candle. That is not a pullback. That is distribution. The long/short ratio flipped to 0.60 on positions — the crowd is still long, which means the pain trade is still down.
Volume is still heavy at 1.36B. OI dropped, which means longs are getting flushed, not adding. No support structure has formed yet above 0.045. The 0.0453 low is the only real level that matters right now.
If it breaks, the air gets thin.
Position Management
Keep leverage between 3x–4x. This is a post-blowoff setup, not a trend entry. Volatility is high and the spread is wide.
Risk
A close above 0.0580 means the flush is over and buyers are back in control.
Is 0.045 the floor, or just the next stop on the way down?
Educational only. Not financial advice. DYOR.
Trade here 👇🏻
🔴 Opening short on $AKE
📍 Entry: 0.0500 to 0.0530
🎯 TP1: 0.0453
🎯 TP2: 0.0400
🎯 TP3: 0.0350
🛑 Stop Loss: 0.0580
Potential reward-to-risk: approximately 1.3R / 2.6R / 3.9R across the targets.
Keep size small here. Post-blowoff moves get ugly in both directions.
The chart tells the story better than any write-up. $AKE ran from 0.02 to 0.16 in two days, then gave it all back in a single candle. That is not a pullback. That is distribution. The long/short ratio flipped to 0.60 on positions — the crowd is still long, which means the pain trade is still down.
Volume is still heavy at 1.36B. OI dropped, which means longs are getting flushed, not adding. No support structure has formed yet above 0.045. The 0.0453 low is the only real level that matters right now.
If it breaks, the air gets thin.
Position Management
Keep leverage between 3x–4x. This is a post-blowoff setup, not a trend entry. Volatility is high and the spread is wide.
Risk
A close above 0.0580 means the flush is over and buyers are back in control.
Is 0.045 the floor, or just the next stop on the way down?
Educational only. Not financial advice. DYOR.
Trade here 👇🏻
