$AKE / USDT – Long Liquidation Puts Downside Risk in Focus
AKE experienced a $1.1185K long liquidation near $0.02048. This indicates that some leveraged buyers were forced to exit, potentially giving sellers a short-term advantage. The market now needs to show whether demand can absorb the selling pressure around the liquidation area.
Potential Trade Setup
- Entry zone: $0.02040–$0.02050 after bearish confirmation
- Downside targets: $0.02015 / $0.01990 / $0.01960
- Upside recovery levels: $0.02070 / $0.02095
- Protective stop-loss: Above $0.02072 for a short setup
- Short-term bias: Cautiously bearish below $0.02050
Market outlook: A break below $0.02040 could extend the pullback. If AKE reclaims $0.02070 and holds, buyers may regain momentum. Wait for confirmation from the live chart before considering either direction.
#CanMicrosoftDeliverOnAI
#CanGoogleDefindItsCore
#EarningsSeason
#FOMCWatch
AKE experienced a $1.1185K long liquidation near $0.02048. This indicates that some leveraged buyers were forced to exit, potentially giving sellers a short-term advantage. The market now needs to show whether demand can absorb the selling pressure around the liquidation area.
Potential Trade Setup
- Entry zone: $0.02040–$0.02050 after bearish confirmation
- Downside targets: $0.02015 / $0.01990 / $0.01960
- Upside recovery levels: $0.02070 / $0.02095
- Protective stop-loss: Above $0.02072 for a short setup
- Short-term bias: Cautiously bearish below $0.02050
Market outlook: A break below $0.02040 could extend the pullback. If AKE reclaims $0.02070 and holds, buyers may regain momentum. Wait for confirmation from the live chart before considering either direction.
#CanMicrosoftDeliverOnAI
#CanGoogleDefindItsCore
#EarningsSeason
#FOMCWatch