The bounce can get ugly if sellers reload around the next resistance pocket. $AKE is sitting around 0.05051 now, with the 1H/15m structure still leaning bearish while open interest has been bleeding.
Entry: 0.05270 - 0.05414
TP1: 0.04984
TP2: 0.04533
SL: 0.05608
The 15m keeps printing lower highs and lower lows, while the 1H is tighter but still carrying bearish pressure. If price pushes back into the entry zone and gets rejected, that’s the spot I’d watch for the short to wake up. BTC staying bullish is the main thing that can make this one swing hard against the plan.
Entry: 0.05270 - 0.05414
TP1: 0.04984
TP2: 0.04533
SL: 0.05608
The 15m keeps printing lower highs and lower lows, while the 1H is tighter but still carrying bearish pressure. If price pushes back into the entry zone and gets rejected, that’s the spot I’d watch for the short to wake up. BTC staying bullish is the main thing that can make this one swing hard against the plan.
