Crypto Asset $AKT Trading Tips 💹
Going Short Recommendation
Entry Range: 0.78327-0.79266
Stop Loss: 0.79787
Targets: 0.77597, 0.76554, 0.74990
Technical Analysis: Man, AKT really threw me off this time. The EMA at 0.79 converged and then just tanked, MACD's death cross is weighing heavily, and the RSI is sitting at 39.3—not high or low, but there's absolutely no bounce, just floundering like a dead fish. Just yesterday, I was telling my buddy, "This position is consolidating at the bottom," and today it slapped me in the face. The stop loss was set at 0.7979, so close to getting hit, and now it's dropped to 0.7864—I'm just banging my head in frustration. The bearish trend is brutal; every bounce feels like constipation—goes up a bit then just collapses again. I can only say: don’t try to catch the bottom, don’t catch falling knives, wait for it to break 0.78 completely before considering a move. It's exhausting.
Recommended Stop Loss: 0.797871, please adjust your position based on your risk appetite
#AKT
Going Short Recommendation
Entry Range: 0.78327-0.79266
Stop Loss: 0.79787
Targets: 0.77597, 0.76554, 0.74990
Technical Analysis: Man, AKT really threw me off this time. The EMA at 0.79 converged and then just tanked, MACD's death cross is weighing heavily, and the RSI is sitting at 39.3—not high or low, but there's absolutely no bounce, just floundering like a dead fish. Just yesterday, I was telling my buddy, "This position is consolidating at the bottom," and today it slapped me in the face. The stop loss was set at 0.7979, so close to getting hit, and now it's dropped to 0.7864—I'm just banging my head in frustration. The bearish trend is brutal; every bounce feels like constipation—goes up a bit then just collapses again. I can only say: don’t try to catch the bottom, don’t catch falling knives, wait for it to break 0.78 completely before considering a move. It's exhausting.
Recommended Stop Loss: 0.797871, please adjust your position based on your risk appetite
#AKT