$AKE (AKE) — SHORT
Entry Zone: Confirmation required near 0.00600–0.006615 resistance
Stop Loss: Confirmation required above resistance
TP1: 0.003496 (24H Low)
TP2: Awaiting breakdown confirmation
TP3: Awaiting breakdown confirmation
Analysis:
AKE is attempting a recovery, currently trading at 0.005680 with a 44.81% daily gain. However, the bigger daily chart still shows a strong downtrend, falling from around 0.064200 to a low of 0.001877. I'm watching the 0.006615 resistance area for rejection. If buyers break above it and hold, the bearish setup could weaken significantly.
Will AKE continue its recovery, or is this bounce an opportunity for sellers to regain control?
DYOR NFA
$ONE $IDOL
#AKE #akedo #cryptotrading #altcoins #BinanceSquare
Entry Zone: Confirmation required near 0.00600–0.006615 resistance
Stop Loss: Confirmation required above resistance
TP1: 0.003496 (24H Low)
TP2: Awaiting breakdown confirmation
TP3: Awaiting breakdown confirmation
Analysis:
AKE is attempting a recovery, currently trading at 0.005680 with a 44.81% daily gain. However, the bigger daily chart still shows a strong downtrend, falling from around 0.064200 to a low of 0.001877. I'm watching the 0.006615 resistance area for rejection. If buyers break above it and hold, the bearish setup could weaken significantly.
Will AKE continue its recovery, or is this bounce an opportunity for sellers to regain control?
DYOR NFA
$ONE $IDOL
#AKE #akedo #cryptotrading #altcoins #BinanceSquare
