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【$AKE Signal】Pullback to go long, 4H Bollinger middle band rebound
$AKE 1H level repeatedly tests around 0.00065, buying depth is decent, 4H Bollinger lower band at 0.0004 and EMA50 at 0.0005 form a strong support zone below. The current price of 0.000668 just falls within the suggested entry range of 0.000601-0.000699, with a good risk-reward ratio, worth a try.
🎯Direction: Long
⚡Entry: Enter immediately at current price 0.000668
🛑Stop loss: 0.000498
🚀Target 1: 0.000809
🚀Target 2: 0.000912
🛡️Trade management: - Execute strategy: Take half profit after price hits 0.000809, move the remaining stop loss up to the entry price. If the price cannot hold above 0.0007 and turns downward, be ready to exit at any time.
4H MACD shows a death cross but the histogram is shrinking, bearish momentum is weakening. 1H RSI at 48.56 is in the neutral zone, with room for upward correction. The buy/sell ratio is 1.0, indicating a temporary balance between bulls and bears, but the funding rate of 0.0184% is positive, so market sentiment has not fully turned bearish. The key is whether the price can regain above the 1H EMA20 at 0.0007; breaking above it would open the rebound channel.
Check real-time market 👇 $AKE
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