🔴 $AKE SHORT SETUP — PROFIT BOOKING INCOMING?
After a massive 248% rally in just 7 days, AKE is showing signs of exhaustion. Buyers have failed twice to break the 0.014348 resistance.
I'm watching for a potential SHORT opportunity. 👇
📍 Entry Zone: 0.01300 – 0.01350
🛑 Stop Loss: 0.01445 (candle-close basis)
🎯 Take Profit Targets:
- TP1: 0.01159
- TP2: 0.01070
- TP3: 0.00964
Why I'm Looking for a Short:
1️⃣ Two rejections from 0.014348 show strong selling pressure.
2️⃣ Price is significantly extended above Supertrend (0.010973).
3️⃣ Order book shows 54.65% sell pressure versus 45.35% buy pressure.
4️⃣ 24-hour volume has reached 1.26B USDT. Profit booking could increase after such a massive rally.
5️⃣ A 248% weekly pump makes a healthy correction possible.
⚠️ IMPORTANT INVALIDATION:
If a 15-minute candle closes above 0.014348, my short idea is invalidated. I will not chase the trade.
My Strategy: Wait for confirmation, enter with proper risk management, and never fight a strong breakout blindly.
DYOR. NFA. High volatility — use small position sizes and avoid excessive leverage.
$SPCXB
#AKE #CryptoTrading #BinanceSquare $SPCXB #ShortSetup #Altcoins
After a massive 248% rally in just 7 days, AKE is showing signs of exhaustion. Buyers have failed twice to break the 0.014348 resistance.
I'm watching for a potential SHORT opportunity. 👇
📍 Entry Zone: 0.01300 – 0.01350
🛑 Stop Loss: 0.01445 (candle-close basis)
🎯 Take Profit Targets:
- TP1: 0.01159
- TP2: 0.01070
- TP3: 0.00964
Why I'm Looking for a Short:
1️⃣ Two rejections from 0.014348 show strong selling pressure.
2️⃣ Price is significantly extended above Supertrend (0.010973).
3️⃣ Order book shows 54.65% sell pressure versus 45.35% buy pressure.
4️⃣ 24-hour volume has reached 1.26B USDT. Profit booking could increase after such a massive rally.
5️⃣ A 248% weekly pump makes a healthy correction possible.
⚠️ IMPORTANT INVALIDATION:
If a 15-minute candle closes above 0.014348, my short idea is invalidated. I will not chase the trade.
My Strategy: Wait for confirmation, enter with proper risk management, and never fight a strong breakout blindly.
DYOR. NFA. High volatility — use small position sizes and avoid excessive leverage.
$SPCXB
#AKE #CryptoTrading #BinanceSquare $SPCXB #ShortSetup #Altcoins
