$AKE +22.53% Bounce After -80% Drop From $0.1646 Top

AKEUSDT Perp is trading at $0.031274 / $0.031256 / $0.031262 right now, +22.46% / +22.48% / +22.53% today. Mark Price $0.031256. 24h High $0.032177 / Low $0.021035 with insane volume 6.21B AKE / $163.29M USDT.

Orderflow: Funding (4h) 0.00914% / Countdown 02:56:22 positive funding but not extreme. Longs 42.78% vs Shorts 57.22% shorts are still dominating, so this bounce is short squeeze driven. Asks thin around $0.031276-$0.031281, bids stacking $0.031270-$0.031274 with 270.82 + 119.39 USDT buyers defending $0.03127 level.

What the chart says:

On 1W, this is a classic new listing parabola. Started at $0.000172 on July 13 2026, then straight pump to $0.164696 ATH on Oct 19 2026 that's almost 958x. Now we are at $0.03124, down -80% from top. Vol(AKE) 12.1B / Vol(USDT) 345M with MA(5) 14.7B / MA(10) 47B volume exploded at top and now cooling.

On 1D, picture is clearer. Bottom $0.0048600 on Sep 13, wick to $0.1646960, now basing around $0.0312610. Vol(AKE) 5.96B / Vol(USDT) 157M with MA(5) 2.62B / MA(10) 2.47B — volume now back to normal after top mania.

Performance tells the story: Today -0.33% / -0.32% on weekly candle, 7 Days -13.29% / -13.27%, 30 Days -36.37% / -36.36%, but 90 Days +968.44% / +968.61%, 180 Days +9,467.19% / +9,468.72%, 1 Year +1,955.10% / +1,955.43%. So despite today's +22% green, it's still a deep correction.

My take:

$0.032177 is the immediate resistance that's the 24h high and intraday supply. If we flip $0.032177 with volume, next is $0.064337 and $0.100532.

Support: $0.021035 is THE 24h low lose it and we go back toward $0.00486 base. $0.03127 is holding now but funding + short dominance means this bounce can fail quickly if BTC dumps.

I'm not chasing long at $0.03127 after 958x move. Two setups I like 1) Hold above $0.03127 and 1D close above $0.032177 for continuation toward $0.0643, 2) If $0.021035 breaks, I'm out will wait for $0.015-$0.0048 demand.

Is $AKE ready for second leg toward $0.1646 or is this just a dead cat bounce before $0.0210?
#AKE