$AKE is facing rejection at 0.0009962—and the double-top structure could be signaling a deeper correction.
$AKE - SHORT
Trade Plan: Entry: 0.0009740 – 0.0009962
SL: 0.0011735
TP1: 0.0008428
TP2: 0.0006417
TP3: 0.0004400
Why this setup?
Price is facing strong rejection around the 0.0009962 resistance area after a massive bullish move.
The 1h chart is showing a potential double-top rejection, suggesting buyers may be losing momentum near the highs.
Failure to break and hold above resistance could increase selling pressure and trigger a deeper pullback.
A clean breakdown below 0.0008428 could open the door toward lower support levels.
Debate: Is this double-top rejection the beginning of a major correction or will $AKE invalidate the bearish setup with another breakout?
Click here to Trade 👇️
$AKE - SHORT
Trade Plan: Entry: 0.0009740 – 0.0009962
SL: 0.0011735
TP1: 0.0008428
TP2: 0.0006417
TP3: 0.0004400
Why this setup?
Price is facing strong rejection around the 0.0009962 resistance area after a massive bullish move.
The 1h chart is showing a potential double-top rejection, suggesting buyers may be losing momentum near the highs.
Failure to break and hold above resistance could increase selling pressure and trigger a deeper pullback.
A clean breakdown below 0.0008428 could open the door toward lower support levels.
Debate: Is this double-top rejection the beginning of a major correction or will $AKE invalidate the bearish setup with another breakout?
Click here to Trade 👇️