$AKE More Upside or a Reversal?
AKE is up nearly 148%, but something interesting is happening.
Short positions ($9.14M) are more than double long positions ($4.43M), and short traders are already facing significant unrealized losses.
My view? Slightly bullish in the short term.
If buyers maintain control, another short squeeze could push AKE higher. However, after such a massive rally, profit-taking and a sharp correction are also possible.
What do you think? More upside or a major correction?
#AKE #AKEUSDT #BinanceSquare re
AKE is up nearly 148%, but something interesting is happening.
Short positions ($9.14M) are more than double long positions ($4.43M), and short traders are already facing significant unrealized losses.
My view? Slightly bullish in the short term.
If buyers maintain control, another short squeeze could push AKE higher. However, after such a massive rally, profit-taking and a sharp correction are also possible.
What do you think? More upside or a major correction?
#AKE #AKEUSDT #BinanceSquare re