$AKE (1h): BEARISH COUNTER-TREND SETUP
🎯 Key levels: entry 0.0515-0.057 · targets 0.04195 / 0.0338 / 0.0207 · invalidation 0.068658
My bias is bearish on the 1h timeframe, aligned with the confirmed lower highs and lower lows; daily and weekly trends remain bullish, so this is a counter-trend move requiring caution and confirmation. The setup shows price currently below the last confirmed swing high at 0.068658, with a recent drop below the swing low at 0.045326, indicating sellers are in control short-term. Entry zone for a short would be near resistance around 0.0515 to 0.057, ideally after price retests and rejects these supply levels or bearish order blocks. Wait for bearish price action confirmation such as a rejection wick, a break below recent demand at 0.04195, or a failure to reclaim 0.0453 support turned resistance before entering. Take-profit targets are layered down at 0.04195 first, then 0.0338, and finally the strong demand zone near 0.0207, capturing the continuation of the downtrend. Invalidation is a close above 0.068658, which flips the structure bullish and negates the short bias. Place protection beyond this level.
$AKE
🎯 Key levels: entry 0.0515-0.057 · targets 0.04195 / 0.0338 / 0.0207 · invalidation 0.068658
My bias is bearish on the 1h timeframe, aligned with the confirmed lower highs and lower lows; daily and weekly trends remain bullish, so this is a counter-trend move requiring caution and confirmation. The setup shows price currently below the last confirmed swing high at 0.068658, with a recent drop below the swing low at 0.045326, indicating sellers are in control short-term. Entry zone for a short would be near resistance around 0.0515 to 0.057, ideally after price retests and rejects these supply levels or bearish order blocks. Wait for bearish price action confirmation such as a rejection wick, a break below recent demand at 0.04195, or a failure to reclaim 0.0453 support turned resistance before entering. Take-profit targets are layered down at 0.04195 first, then 0.0338, and finally the strong demand zone near 0.0207, capturing the continuation of the downtrend. Invalidation is a close above 0.068658, which flips the structure bullish and negates the short bias. Place protection beyond this level.
$AKE
