$AKE BIG SHORT
The bounce is fading — sellers are back in control.
After crashing to 0.00826, price bounced hard to 0.01278, but that high got rejected and it is now drifting near 0.01170.
The 1-hour RSI sits at 47.5 — momentum has gone flat after the bounce — and price is stuck right at the EMA20 at 0.01173.
The 24-hour range is huge, 0.00826 to 0.01810, so this coin swings hard both ways.
A short here plays the rejection, with the stop above the bounce high.
$AKE — SHORT Setup
Entry: 0.01150 - 0.01190
SL: 0.01290
TP1: 0.01100
TP2: 0.01040
TP3: 0.00960
Must use stop loss. Invalid if price reclaims 0.01290 — the rejection fails there.
Will $AKE roll back toward 0.00960, or bounce again from here?
Not financial advice. DYOR.
#altcoins #cryptotrading #Crypto #trading #CryptoNews
The bounce is fading — sellers are back in control.
After crashing to 0.00826, price bounced hard to 0.01278, but that high got rejected and it is now drifting near 0.01170.
The 1-hour RSI sits at 47.5 — momentum has gone flat after the bounce — and price is stuck right at the EMA20 at 0.01173.
The 24-hour range is huge, 0.00826 to 0.01810, so this coin swings hard both ways.
A short here plays the rejection, with the stop above the bounce high.
$AKE — SHORT Setup
Entry: 0.01150 - 0.01190
SL: 0.01290
TP1: 0.01100
TP2: 0.01040
TP3: 0.00960
Must use stop loss. Invalid if price reclaims 0.01290 — the rejection fails there.
Will $AKE roll back toward 0.00960, or bounce again from here?
Not financial advice. DYOR.
#altcoins #cryptotrading #Crypto #trading #CryptoNews
