$AKE /USDT SHORT TRADE SETUP
Entry: 0.00458 - 0.00462
TP1: 0.00440
TP2: 0.00420
TP3: 0.00395
Stop Loss: 0.00485
Reason:
• Price is facing strong rejection near the local resistance zone after a corrective bounce.
• Lower timeframe structure shows a clear series of lower highs and lower lows confirming bearish momentum.
• Breakdown continuation below the key local support around 0.00455.
• Moving averages are pointing downwards, reinforcing the prevailing short-term downtrend.
This post is for educational purposes only and is not financial advice.
Entry: 0.00458 - 0.00462
TP1: 0.00440
TP2: 0.00420
TP3: 0.00395
Stop Loss: 0.00485
Reason:
• Price is facing strong rejection near the local resistance zone after a corrective bounce.
• Lower timeframe structure shows a clear series of lower highs and lower lows confirming bearish momentum.
• Breakdown continuation below the key local support around 0.00455.
• Moving averages are pointing downwards, reinforcing the prevailing short-term downtrend.
This post is for educational purposes only and is not financial advice.