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$AKE /USDT SHORT SETUP | Distribution Pressure Building?
$AKE has failed multiple breakout attempts, and sellers continue to defend higher levels. Multiple rejected rebounds are showing weakness, suggesting that distribution pressure may still be active.
📉 Trade Idea: SHORT
$AKE 🎯 Entry Zone: 0.00162 – 0.00167
🛑 Stop Loss: H4 candle close above 0.00180
✅ Take Profit Targets:
1️⃣ TP1: 0.00150
2️⃣ TP2: 0.00140
3️⃣ TP3: 0.00130
📊 Why this setup? • Repeated failed rebounds indicate weak buying momentum
• Sellers remain active near resistance zones
• Breakdown continuation could open room for further downside
⚠️ Risk Management Reminder:
Always manage your position size and confirm price action before entering. This is a market analysis idea, not financial advice.
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$AKE for a breakdown or a reversal? Share your view below 👇
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