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【$AKE Signal】Short squeeze pullback, sniper second surge
$AKE 1H timeframe rises then pulls back, RSI drops from 76, but price remains firm around 0.0008. The 4H Bollinger Bands are widening significantly, MACD is still expanding, but the 1H MACD histogram begins to contract, indicating a slight slowdown in momentum. Funding rate is at 0.0883%, relatively high but not extreme, open interest remains stable, showing no liquidation of positions.
Current price around 0.000803, go long directly, stop-loss below 0.0004975. First target at 0.0008086, after breaking through, look for 0.0009123.
In this high funding rate environment, the price staying firm often accompanies passive short covering. As long as the 1H pullback does not break the previous bullish candle’s low, it indicates bulls are gathering strength. Volume after the rally has not shrunk sharply, buy orders are still supporting. The risk-reward ratio is worth trying here, with the key being a decisive stop-loss.
Check real-time market 👇 $AKE
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