Post
mughalzadi91
$AKE has already experienced several days of heavy selling, followed by a rebound. Another sharp decline may not come so easily.
Short sentiment is currently overcrowded. My expectation is that AKE could move sideways for a while, creating the illusion of another bearish breakdown before attempting another recovery.
This could catch overly aggressive bears off guard. For now, I wouldn't rush to chase the short side. Let the market reveal its next move.
#DailyOrbit
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$68,735.6+0.00%
ETH/USDTEthereum
$1,935.14+0.00%
SOL/USDTSolana
$79.97+0.00%
Today’s market buzz
1#Jensen Huang Involved in Chinese Spy Rumors and Controversy Over NVIDIA CEO's Future
Hot
2#U.S. October existing home sales hit a 16-year low
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion
