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【$AKE Signal】Pullback to buy, 1H level charging up and ready to go
$AKE The 4H MACD fast and slow lines have a golden cross and continue to expand, with the price steadily above the EMA20.
On the 1-hour chart, buy orders around the middle Bollinger Band at approximately 0.0006 are clearly deep, and selling pressure is quickly absorbed.
RSI has fallen back from high levels to 66, indicating bullish momentum is not exhausted, more like a healthy chip rotation.
The current price around 0.0007457 can be accumulated in stages, with a safer position between 0.0006012 and 0.0007421.
🛑 Stop-loss must be set below 0.0004975, which is the dual defense line of the 4H EMA50 and the previous dense trading zone.
🚀 The first target is set at 0.0008086, which is the previous high resistance on the 1-hour level.
🚀 The second target is 0.0009123, corresponding to the upper band of the 4-hour Bollinger and the breakout point of volume.
🛡️ Trading management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the stop-loss of the remaining position up to the entry price.
If the price fails to stay within the entry zone and breaks downward, exit immediately.
Market depth shows buy orders are thicker than sell orders, with clear intent of capital support.
Although the 1-hour MACD histogram slightly contracts, the fast and slow lines remain above zero, indicating a normal pause in an uptrend.
Combined with stable open interest and slight positive funding rates, the market is not overly euphoric about chasing gains, leaving room for further upward movement.
The current risk-reward ratio is close to 1:3, making risk manageable.
Check real-time quotes 👇 $AKE
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