$AKE Short setup: the new high got rejected, the inducement below is the target

AKE pumped 52% from 0.022315 in 3 days, and the move started to run out of steam. The pullback inside it was about 48% of the leg and left 0.027049 as the inducement low. Price pushed 8.1% above the old high at 0.031335, printed a new high at 0.03387 and gave it back. It is trading just above 0.031335 now. The inducement at 0.027049 is the target and the stop is 7.84% away at 0.034594.

Short
Entry zone 0.032079 | Stop loss 0.034594 | Take profit 0.027049
Manage your own risk.

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#AKE #CryptoSignals #FuturesTrading