🚀 $AKE — Resistance Rejection & Retrace on the 1H Chart!
After a strong rally toward the 0.0354 high, price faced a sharp rejection, printing a long upper wick and pulling back quickly toward the 0.0336 level. Buyers pushed hard, but sellers stepped in strongly at the highs, turning this into a local resistance zone.
I’m watching to see if price can stabilize near the 0.0320 support area or if it needs more time to consolidate before another attempt.
📍 Entry: 0.0315 – 0.0325 (near local support)
🎯 TP1: 0.0345
🎯 TP2: 0.0355
🛑 SL: 0.0305
Setup: Resistance Rejection → Pullback to Support → Potential Range Rebound
👇 Click to Open Trade
$AKE
$JCT
After a strong rally toward the 0.0354 high, price faced a sharp rejection, printing a long upper wick and pulling back quickly toward the 0.0336 level. Buyers pushed hard, but sellers stepped in strongly at the highs, turning this into a local resistance zone.
I’m watching to see if price can stabilize near the 0.0320 support area or if it needs more time to consolidate before another attempt.
📍 Entry: 0.0315 – 0.0325 (near local support)
🎯 TP1: 0.0345
🎯 TP2: 0.0355
🛑 SL: 0.0305
Setup: Resistance Rejection → Pullback to Support → Potential Range Rebound
👇 Click to Open Trade
$AKE
$JCT