$AKE Extremely bullish. A massive bullish engulfing candle has erased the previous bearish candles, showing aggressive buying pressure.
Price: Around $0.000974, up 42.14%.
Weekly High: $0.00100241. This is the first major resistance. A breakout above it could trigger another bullish leg.
Support: Immediate support is $0.00086–0.00090. Strong support sits around $0.00050, while the weekly low near $0.00017 remains the major long-term support.
Momentum: Buyers are in control, but after such a large candle, a short-term pullback or consolidation is possible before the next move.
Bullish Targets: $0.00105 → $0.00120 → $0.00150 if the price closes above $0.00100 with strong volume.
Risk: Failure to hold above $0.00090 could lead to a retracement toward $0.00075–0.00080 before buyers attempt another rally.
Price: Around $0.000974, up 42.14%.
Weekly High: $0.00100241. This is the first major resistance. A breakout above it could trigger another bullish leg.
Support: Immediate support is $0.00086–0.00090. Strong support sits around $0.00050, while the weekly low near $0.00017 remains the major long-term support.
Momentum: Buyers are in control, but after such a large candle, a short-term pullback or consolidation is possible before the next move.
Bullish Targets: $0.00105 → $0.00120 → $0.00150 if the price closes above $0.00100 with strong volume.
Risk: Failure to hold above $0.00090 could lead to a retracement toward $0.00075–0.00080 before buyers attempt another rally.