$AKE is trading around $0.0165 after another strong move. The structure still looks bullish, but entering after the pump isn’t attractive to me.
On 1D, MACD remains bullish and RSI is around 68. On 4H, momentum is still positive, although the latest move is already being retraced.
What makes the setup interesting is derivatives data: 56.8% of top trader accounts are short vs 43.2% long, with a Long/Short ratio of 0.76. If price keeps pushing higher while shorts remain crowded, a squeeze is possible.
Levels I’m watching: 🔹 $0.0145–0.0155 — potential retest / support
🔹 $0.0185–0.0200 — key resistance
🔹 $0.022 — next area if resistance breaks
I wouldn’t long at market here. My preferred setups would be either a confirmed retest of support or a breakout above $0.019–0.020 followed by a successful retest.
One warning: AKE already printed a wick to $0.044859. This is exactly the kind of token where high leverage can destroy a position very quickly — especially a short.
Bias: cautiously bullish, but waiting for confirmation.
Would you rather buy the pullback or bet on rejection from $0.02?
#AKE #trading #cryptotrading