$AKE /USDT – Heavy Selling Pressure! Can Bulls Make a Comeback? 🔥

AKE is facing strong bearish pressure, currently trading around $0.002866 (-30.45%). The daily chart shows a sharp decline from previous highs, with sellers dominating the market.

📊 Daily Technical Analysis:

- EMA 7: $0.00935
- EMA 25: $0.02031
- EMA 99: $0.01980
- Supertrend: $0.01967
- RSI: 12.99 (Extremely Oversold)

🎯 Important Price Levels:

- Immediate Support: $0.00274
- Resistance 1: $0.00935
- Resistance 2: $0.01967
- Major Resistance: $0.02031

⚡ What's Next?

RSI near 13 suggests extremely oversold conditions, so a short-term relief bounce is possible. However, the overall daily trend remains strongly bearish.

A break below $0.00274 could bring further downside, while a recovery needs strong volume and a move above nearby resistance.

👀 Will AKE surprise the market with a recovery, or will bears push prices lower?

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