$AKE
Short-term setup
Bias: 🔴 SHORT / bearish below $0.0630
Entry zone: $0.0555–$0.0625 on rejection
TP1: $0.0500
TP2: $0.0453
TP3: $0.0418
Extended target: $0.0294
Stop loss: $0.0665
🔑 Important levels
Resistance
$0.0629 — Bollinger middle
$0.0690–$0.0730 — recovery resistance
$0.0810 — Bollinger upper area
$0.1647 — recent spike high
Support
$0.0500
$0.0453 — current chart low
$0.0418 — broader support
$0.0294 — deeper support
⚠️ Key warning
This is an extremely volatile setup. The huge wick to $0.1647 followed by the collapse means liquidation/slippage risk is unusually high. Also, Phemex reports that only roughly 22–23% of AKE's 100B total supply was circulating around mid-September, making future unlocks an important risk factor. �
Phemex +1
Bullish invalidation: A sustained 1H recovery above $0.063–$0.066 would weaken the immediate short setup; reclaiming $0.073–$0.081 would indicate substantially stronger recovery momentum.

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