$AKE Why do I think $AKE is ready for pumping
Based on the current picture on the $AKE/USDT chart, there are several key drivers for sharp growth:
1. Abnormal trading volume (Volume Spike)
List marker More than 134 billion tokens ($633+ million USDT) have been sold in 24 hours. Such a colossal inflow of liquidity at local lows is a direct token of large capital (smart money) for a set of positions.
2. Holding the global bottom and breaking the structure
List marker After a deep dump, the $0.00187 mark was kept firmly. A sharp rebound and consolidation of the price at $0.00600 (+23.65%) show an aggressive buyout of drawdown and a change in the local trend.
3. RSI technical oversold
List marker RSI indicators (6, 12, 24) after a prolonged fall turn up from the zone of deep oversold. The asset has a huge range to the overbought zones, and the path to the nearest resistances from above is almost free from large volumes of sellers.
Based on the current picture on the $AKE/USDT chart, there are several key drivers for sharp growth:
1. Abnormal trading volume (Volume Spike)
List marker More than 134 billion tokens ($633+ million USDT) have been sold in 24 hours. Such a colossal inflow of liquidity at local lows is a direct token of large capital (smart money) for a set of positions.
2. Holding the global bottom and breaking the structure
List marker After a deep dump, the $0.00187 mark was kept firmly. A sharp rebound and consolidation of the price at $0.00600 (+23.65%) show an aggressive buyout of drawdown and a change in the local trend.
3. RSI technical oversold
List marker RSI indicators (6, 12, 24) after a prolonged fall turn up from the zone of deep oversold. The asset has a huge range to the overbought zones, and the path to the nearest resistances from above is almost free from large volumes of sellers.