💥 Double Alert: 4.2% Drop & 3.2x Volume on $AKE - The immediate trend remains bearish, and more downside is likely unless there is a strong reversal candle with volume absorption at or just below current levels. - This event smells like panic selling mixed with potential distribution by smart money, as liquidity is grabbed below previous support and then possibly marked up for a bounce. - If you’re seeking a short, wait for a weak bounce towards 0.0004900 or 0.0005342 and look for rejection or bearish confirmation patterns. Enter short on a failed retest, targeting 0.0004360 first, and if momentum continues, 0.0003460 as the next target. Place your stop-loss above the swing high of the bounce or above 0.0005342. - For bullish reversal trades, only consider entering if you see a very strong reversal candle (such as a pin bar or bullish engulfing) on the 5m-15m chart, especially with a clear sign that selling is being absorbed. In that case, a scalp long can target 0.0004900 or 0.0005342, with a stop-loss below the most recent swing low. - If the price loses 0.0004360 convincingly and there’s no sign of reversal, expect acceleration toward 0.0003460 and possibly even 0.0003027 in a continued liquidation event. - If the price regains 0.0004900 and holds above, it might signal a reversal, and you should reconsider any bearish bias. 📝 This is not investment advice, just an educational report! The trend is still bearish, and I expect more downside unless a strong reversal signal emerges. Always wait for clear confirmation before entering trades, especially after these high-volume, high-volatility moves! 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m