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#AKE AKE/USDT price development after the Rebound
Stabilization above 0.001650 USDT
After the Rebound. This suggests that the strong sell-off immediately after the listing on Gate may be over.
Lower volatility and declining volume
Although the price has risen, the trading volume remains moderate compared to the peak between 16:00 and 17:00 the previous day. The recent volume is below 700,000 USDT per hour, compared to over 2 million before. This signals that the initial buying wave is subsiding. At the same time, the range of fluctuations is decreasing – the high of the last hour was 0.001692, the low was 0.001667, indicating less pressure on both sides.
The movement indicates a consolidation phase in which the market is reorienting itself after the turbulence. The current trading range could form a basis for further movement, depending on the further development of market participation. Real-time data on price and order flow are available on Gate at any time.