AKEUSDT short hit TP2 📉 Spot move of +43.40% in about 1d 11h. As always, manage risk and size positions appropriately.
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弱気相場
AKE is sliding in a trend, so I am short here.
🔴 SHORT $AKE /USDT: expecting price to go DOWN Bias: SHORT · Strong
Entry: 0.0048936 – 0.0049864 TP1: 0.0036537 (-26.0%) TP2: 0.0027961 (-43.4%) TP3: 0.0015097 (-69.4%) SL: 0.0066551 (+34.7%) Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? What I checked: 6/12 agree, 1 against. • 4h trend down (below EMA50 & EMA200) • 1h trend down (below EMA50 & EMA200) • Sellers are driving the move (15m ADX 24.7) Watch: Price is washed out, bounces are common from here (4h RSI 17.0, oversold) Watch: The idea is wrong if price reaches the stop at 0.0066551
Net read: The strongest support is the bearish stack on both the 4h and 1h trends, meaning sellers control the move; the main risk is that the 1h price is more than 6 ATRs below its average, which means a bounce is likely.
What is your invalidation level for this short?
Full setup on the chart below.
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