$AKE 👈 Tap here for the real futures chart, the tag at the bottom shows the spot chart
🔴 Short - entry 0.033485, stop 0.036703, tp 0.027049 (1:2)
AKE is among the top gainers on Binance futures, +33% in 24h, after a 55% push from 0.022315 over 3 days. Retrace of 48%, then price went back up for the old high. The inducement at 0.027049 is still untouched. That break of 0.031335 was small (10.5%), a quick poke and a sell-off from 0.03462. Looks like a failed breakout to me. Stop 0.036703, target 0.027049. Risking 9.61% for roughly 2 times that.
Manage your own risk.
🔴 Short - entry 0.033485, stop 0.036703, tp 0.027049 (1:2)
AKE is among the top gainers on Binance futures, +33% in 24h, after a 55% push from 0.022315 over 3 days. Retrace of 48%, then price went back up for the old high. The inducement at 0.027049 is still untouched. That break of 0.031335 was small (10.5%), a quick poke and a sell-off from 0.03462. Looks like a failed breakout to me. Stop 0.036703, target 0.027049. Risking 9.61% for roughly 2 times that.
Manage your own risk.