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【$AKE Signal】1H Bullish momentum expansion, pull back to go long
RSI 75.31, upper band of the 1H Bollinger Bands tested at 0.0004.
MACD histogram has expanded for three consecutive bars, bullish momentum remains strong.
But the buying ratio continues to stay below 0.5, with sell orders stronger than buy orders, yet the price has not dropped sharply—funds are supporting at key levels.
There are many pending orders around 0.0003650, which is a short-term support zone.
Currently, profit and loss are relatively balanced: about 3%-5% upside space, with only 0.6% stop loss, making risk controllable.
If the buying ratio rebounds, the probability of accelerating upward increases.
🎯 Direction: Long
⚡ Entry/Pending Orders: 0.0003680 - 0.0003716 (buying near current price)
🛑 Stop Loss: 0.0003650
🚀 Target 1: 0.0003850
🚀 Target 2: 0.0003916
🛡️ Trading Management:
- Reduce 50% of the position upon reaching Target 1, move stop loss up to 0.0003690 (break-even).
If the price pulls back to 0.0003680 and still shows strong support, the remaining position can aim for Target 2.
1H trading volume surged from 170 million yesterday to 4.7 billion, indicating a significant increase in market attention.
High-level distribution features are not yet apparent, and the short-term bullish signal is valid.
But note that the funding rate data is missing; if the rate surges later, caution is advised.
Check real-time market 👇 $AKE
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