$AKE Signal】Short position + Extreme overbought after short squeeze



After a violent 36% surge on the 4-hour chart, the RSI reached 86.77, indicating an extremely overbought condition. The market shows typical signs of a short squeeze (funding rate +0.0938%, stable open interest), rather than a healthy trend initiation. Deep imbalance of -19.56% and insufficient buying volume, with heavy selling pressure above.

🎯 Direction: Short

Currently, the risk of chasing the high is very high, and the conditions for shorting are not met (funding rate not at an extreme high, and no decline in open interest or RSI divergence resonance). The price is far from EMA20 (0.0002), and a deep correction to key support levels (such as 0.00025-0.00026) with decreasing volume and RSI correction near 50 are needed before considering a long entry.

Trade here 👇 $AKE
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