Everyone expected $AKE to dump after a $62M unlock. It pumped 59% 📈 instead 👀
Price dipped to $0.021, then flipped $0.03 and hit $0.036. Past unlocks dropped 22% and 49%, so this one is different.
But futures volume is 93x spot, and OI jumped 90% to $101M. That's heavy leverage. Spot buyers are in too, with the delta at +479k.
My view: a $0.04 flip is possible if buyers hold. If leverage unwinds, $0.021 is back in play 🚀
DYOR #AKE
Price dipped to $0.021, then flipped $0.03 and hit $0.036. Past unlocks dropped 22% and 49%, so this one is different.
But futures volume is 93x spot, and OI jumped 90% to $101M. That's heavy leverage. Spot buyers are in too, with the delta at +479k.
My view: a $0.04 flip is possible if buyers hold. If leverage unwinds, $0.021 is back in play 🚀
DYOR #AKE