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AKE pumped, then dumped. I'm shorting the dead cat bounce." 🐱💥
AKE ripped from 0.0029 to 0.0069, got rejected, and is now faking a recovery at 0.0044. EMAs are bearish, MACD is negative, and volume is drying up. This is a textbook pump-and-dump hangover.
If 0.0046 fails, we're heading back to 0.0040.
My short trade:
Entry: 0.00442 (current)
SL: 0.00470
Targets: 0.00420 / 0.00395
The hype is over. I'm shorting the fade.
#AKE $AKE