$AKE -90% DUMP COULD BE COMING
$AKE has already exploded more than 30,000% since its Binance listing.
On September 21, around 2.1B tokens are scheduled to be unlocked. If a large amount of that supply reaches the market, selling pressure could become extremely heavy.
I’m watching $0.007 as my potential short-entry area. The 1H trend is still strongly bullish, so entering a short too early could be very risky.
The bigger concern is whether the current volume can be sustained. If whale-driven buying starts disappearing, $AKE could give back a large part of its pump and potentially move back toward $0.003 or even lower.
For me, the key is simple:
Don’t short the pump blindly. Wait for weakness and confirmation.
NFA. DYOR.
$AKE has already exploded more than 30,000% since its Binance listing.
On September 21, around 2.1B tokens are scheduled to be unlocked. If a large amount of that supply reaches the market, selling pressure could become extremely heavy.
I’m watching $0.007 as my potential short-entry area. The 1H trend is still strongly bullish, so entering a short too early could be very risky.
The bigger concern is whether the current volume can be sustained. If whale-driven buying starts disappearing, $AKE could give back a large part of its pump and potentially move back toward $0.003 or even lower.
For me, the key is simple:
Don’t short the pump blindly. Wait for weakness and confirmation.
NFA. DYOR.
