$AKE Keep going long. This leg is a doubling and a sharp surge—big funds had already set up the play in advance. Four main addresses have accumulated 348 million long positions; currently they’re up over one million, and it looks like they haven’t pulled out yet. Now there are a large number of shorts trapped below, and going forward they may continue to force a squeeze higher. Everyone can keep an eye on the movement around this level and go along with the trend, but since the upside move isn’t small, watch the risk—don’t go in too heavily chasing.

AKE50.49%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned