🚨 $AKE /USDT is still under heavy selling pressure on the 30M chart.
Price continues to form lower highs and lower lows, with the recent bounce getting rejected below the previous resistance zone. If the current support gives way, another downside move could develop.
Entry Zone: 0.0360 – 0.0368
TP1: 0.0345
TP2: 0.0328
TP3: 0.0305
Stop Loss: 0.0392
Technical View:
The overall structure remains bearish, with AKE trading well below the 0.0500–0.0600 area that acted as support earlier in the chart. The latest rebound toward 0.0400–0.0420 failed to produce a meaningful trend reversal, while sellers quickly pushed price back toward the 0.0360 region. A clean break below the recent low could confirm continuation toward the lower targets. However, if price reclaims 0.0390–0.0400 with strong volume, the short setup would weaken and a deeper rebound could follow.
Bearish run for $TAKE & $MUBARAK is still going on so keep an eye on that two.👀
#ake #TAKE #MUBARAK #SHORT📉
Price continues to form lower highs and lower lows, with the recent bounce getting rejected below the previous resistance zone. If the current support gives way, another downside move could develop.
Entry Zone: 0.0360 – 0.0368
TP1: 0.0345
TP2: 0.0328
TP3: 0.0305
Stop Loss: 0.0392
Technical View:
The overall structure remains bearish, with AKE trading well below the 0.0500–0.0600 area that acted as support earlier in the chart. The latest rebound toward 0.0400–0.0420 failed to produce a meaningful trend reversal, while sellers quickly pushed price back toward the 0.0360 region. A clean break below the recent low could confirm continuation toward the lower targets. However, if price reclaims 0.0390–0.0400 with strong volume, the short setup would weaken and a deeper rebound could follow.
Bearish run for $TAKE & $MUBARAK is still going on so keep an eye on that two.👀
#ake #TAKE #MUBARAK #SHORT📉
