$AKE is showing massive signs of a Bullish Reversal on the 4-hour timeframe! ๐ After a long period of distribution, the market structure has finally shifted with a clear Change of Character (CHoCH) to the upside. ๐
A huge Volume Spike just entered the market, suggesting that "Smart Money" is accumulating at these low levels. ๐ The Long/Short Ratio on Binance is also sitting high at over 2.2, showing that traders are heavily betting on a move upward! ๐
The RSI is gaining strength, and price is currently breaking out of its local consolidation zone. โก While the long-term trend has been bearish, this short-term momentum is very aggressive and looks like the start of a new accumulation phase. ๐
Keep a close eye on theย $0.00034 support level for potential retests. If bulls hold this area, we could see a continuation toward higher resistance zones! ๐ฅ
Always manage your risk and watch those candles! ๐ฏโจ
$AKE


AKEUSDT
Prep
0.0003818
+11.83%