$AKE Short setup: the new high got rejected, the inducement below is the target
AKE is among the top gainers on Binance futures, +28% in 24h, after a 91% push from 0.021035 over 39 hours. The pullback inside it was about 25% of the leg and left 0.035008 as the inducement low. That break of 0.039773 was small (1.0%), a quick poke and a sell-off from 0.040188. Looks like a failed breakout to me. The inducement at 0.035008 is the target and the stop is 6.06% away at 0.042255.
🔴 Short
Entry 0.039839 | Stop level 0.042255 | Take profit 0.035008
Not financial advice.
#AKE #Altcoins #TradeSetup
AKE is among the top gainers on Binance futures, +28% in 24h, after a 91% push from 0.021035 over 39 hours. The pullback inside it was about 25% of the leg and left 0.035008 as the inducement low. That break of 0.039773 was small (1.0%), a quick poke and a sell-off from 0.040188. Looks like a failed breakout to me. The inducement at 0.035008 is the target and the stop is 6.06% away at 0.042255.
🔴 Short
Entry 0.039839 | Stop level 0.042255 | Take profit 0.035008
Not financial advice.
#AKE #Altcoins #TradeSetup
