$AKE is preparing to go short.



That high-position wick looks too much like a liquidity sweep. Although the funding rate is still building up, the short term may see a quick pullback. You can watch the entry area at 0.002046 - 0.002097. If it drops further, look at 0.0019188 and 0.0017966, and place your defensive stop-loss at 0.0022018.

However, be sure to watch the risks: the current macro uptrend is still quite strong. If the buy side swallows this wick and pushes price to new highs, the short position logic may no longer work. Everyone should manage their position size based on their own account—don’t go all-in. Also, $ARIA and $B can be noted as well.
AKE5.85%
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