$AKRO /USDT - Technical Analysis & Trade Signal
Trend Overview
Current Price: $0.002981
Trend: Bearish (Downward pressure due to delisting announcement)
Momentum: Weak with high selling pressure
SAR (Stop and Reverse): $0.003866 (Indicating resistance above)
Trade Setup
Short Position Recommended
Given the bearish momentum and uncertainty surrounding delisting, short trades are favorable.
Entry Point
🔸 Entry Zone: $0.0030 - $0.0031 (Wait for minor pullback before entering short)
Target Levels 🎯
1. Target 1: $0.00275
2. Target 2: $0.00260
3. Target 3: $0.00240
Stop-Loss
🔺 Stop-Loss: Above $0.0034 (to minimize risks if price reverses)
Trade Momentum
RSI: Near oversold, indicating potential continuation of downward movement.
MACD: Bearish crossover, confirming negative momentum.
Volume: High selling volume supports bearish sentiment.
Risk Management
⚠️ Due to the delisting event, volatility will remain high. Manage position size carefully and stick to stop-loss levels.
⏳ Timeframe: Short-term (preferably 15m-4h charts for monitoring).
💡 Pro Tip: If price breaks below $0.00275 with strong volume, expect faster movement toward lower targets.
