$AKE
AKE/USDT – 5 Minute Time Frame Analysis
Current Structure
Strong impulsive bullish move earlier (+30% day move), followed by healthy consolidation.
Price is making higher lows, indicating short-term bullish continuation.
Market is now trading near 0.0003095, close to intraday resistance.
Trend
Short-term trend: Bullish
After the sharp pump, price formed a bullish flag / ascending structure, which is a continuation pattern.
Key Levels
Immediate Resistance:
0.0003120 – 0.0003180 (previous wick highs / supply zone)
Support Zones:
0.0003000 (psychological + intraday support)
0.0002920 – 0.0002950 (strong base from consolidation)
Momentum Insight
Buyers are still in control as price is holding above 0.00030.
No major bearish engulfing candles seen → selling pressure is weak.
Volume earlier confirms strong participation, consolidation suggests accumulation.
Possible Scenarios
✅ Bullish continuation:
Clean break and close above 0.0003180 → next push toward 0.0003300+
⚠️ Pullback scenario:
Rejection near resistance → retrace to 0.0003000, still bullish if this holds
❌ Bearish only if:
Breakdown below 0.0002920 on strong volume
Conclusion
Bias: Bullish 📈
Best strategy: Buy on pullbacks, avoid chasing tops.
Scalpers can watch breakout confirmation above resistance.
⚠️ Always use stop-loss and manage risk. Crypto is highly volatile.