Is #AKT coiled for a squeeze or a breakdown? đ„
AKT trades near $0.6089, capped by the 1h MA20 at $0.6146 and a 4h supply zone at $0.6190â$0.6210 after rejecting $0.6263. Support sits at $0.6050â$0.6052, and a break targets $0.5915â$0.5950. The 1h RSI has cooled to around 39, and the multi-timeframe structure leans bearish.
Positioning adds a twist. 90% of short whales and 88% of short traders are in profit, with average entries near $0.607â$0.610, while longs are underwater around $0.629â$0.634.
A volume reclaim of $0.6120â$0.6130 could trigger a squeeze, and a 4h close above $0.6210 would invalidate the bearish view.
$AKT #CoinVahini #Akash #CryptoMarket #Altcoins
AKT trades near $0.6089, capped by the 1h MA20 at $0.6146 and a 4h supply zone at $0.6190â$0.6210 after rejecting $0.6263. Support sits at $0.6050â$0.6052, and a break targets $0.5915â$0.5950. The 1h RSI has cooled to around 39, and the multi-timeframe structure leans bearish.
Positioning adds a twist. 90% of short whales and 88% of short traders are in profit, with average entries near $0.607â$0.610, while longs are underwater around $0.629â$0.634.
A volume reclaim of $0.6120â$0.6130 could trigger a squeeze, and a 4h close above $0.6210 would invalidate the bearish view.
$AKT #CoinVahini #Akash #CryptoMarket #Altcoins