$AKE
— Everyone, another long liquidation has appeared in the latest market activity. AKE recorded $7.6982K in liquidations around $0.02502, showing pressure on leveraged buyers. 🔴

This development could create additional downside pressure if sellers continue controlling the next move.

📌 LIQUIDATION PRICE: $0.02502
◈ Long Liquidation: $7.6982K

TECHNICAL ANALYSIS

The liquidation suggests that bullish traders experienced pressure around the reported price.

If selling continues, AKE could attempt another downward move. However, if buyers step in and absorb the selling pressure, a recovery attempt could develop.

The next reaction is important because liquidation activity alone cannot confirm a sustained bearish trend.

TRADE SETUP

🔴 Entry: $0.02502
⟡ TP1: $0.02477
◈ TP2: $0.02452
⚡ TP3: $0.02427
🛡️ Stop Loss: $0.02527

The entry uses the reported liquidation price as a reference for a bearish scenario. TP1 is the first downside objective, while TP2 and TP3 represent further potential targets. The stop loss defines the risk boundary.

SUPPORT & RESISTANCE

Key reference: $0.02502

〽️ MARKET OUTLOOK

AKE could experience further weakness if sellers maintain control. If buyers absorb the pressure and price starts recovering, the bearish scenario becomes weaker.

Guys, keep this level on your radar. Wait for the market reaction, manage your risk and avoid entering blindly.