💰 $AKE /USDT

🔽 SHORT
✳️ ENTRY: 0.000390, 0.000410, 0.000430
🎯 TARGETS: 0.0003750, 0.0003620, 0.00034290, 0.0003060, 0.0002640, 0.000230, 0.000200
🀄️ LEVERAGE: Cross 10x
🔴 STOPLOSS: 0.000440
⚠️ Move SL to Entry once TP3 is reached.
#AKE has experienced a near-vertical rally, gaining over 90% in a short period, leaving the price heavily extended from its moving averages. While momentum remains strong, both the 15M and 1H charts show RSI in overbought territory with MACD momentum beginning to flatten, increasing the probability of a short-term correction.
The recent rejection near 0.000387 highlights a key resistance zone where profit-taking has started to appear. Price is currently trading well above the MA25, MA99, and MA200, and such extended moves are often followed by a pullback toward these dynamic support levels before the next major trend develops.
The 0.000390–0.000430 region is an ideal area to scale into a short position if price retests the highs. A break below 0.000350 could accelerate selling pressure toward the 0.000290–0.000200 support zone as momentum traders begin locking in profits.
The bearish setup remains valid as long as price stays below 0.000440. A decisive breakout above this level would invalidate the correction scenario and signal that buyers have regained full control.
Manage risk carefully, use the DCA entries, and trail your stop loss to breakeven once TP3 is reached.