🐋 $AKT refreshed a 24-hour high, with buying interest quite firm.
However, after touching the high, it pulled back, and the current price 0.7419 has returned below the previous high of 0.7554.
Stop-loss orders are usually placed near new highs; a pullback after taking them out suggests selling pressure at higher levels is not light. Watch to see whether it can reclaim the previous high again.
The content does not constitute any buy or sell advice.
However, after touching the high, it pulled back, and the current price 0.7419 has returned below the previous high of 0.7554.
Stop-loss orders are usually placed near new highs; a pullback after taking them out suggests selling pressure at higher levels is not light. Watch to see whether it can reclaim the previous high again.
The content does not constitute any buy or sell advice.