Here’s a short technical analysis and trade signal for the $AKRO

/USDT pair, considering its recent price behavior:

Technical Analysis:

Current Price: 0.002437 USDT (down 39.29% in 24h)

Key Support: 0.002413 USDT (24h Low)

Key Resistance: 0.004112 USDT (24h High)

Trend: Bearish (Short-term price drop)

Momentum: Negative — The 39.29% drop suggests a strong bearish momentum, possibly related to the upcoming delisting date.

Trade Signal:

Entry: Wait for a slight bounce from the 0.002413 support level or confirmation of reversal signals (RSI showing oversold conditions or bullish candlestick patterns).

Target Levels:

1. Target 1 (T1): 0.0026 USDT (near resistance)

2. Target 2 (T2): 0.0031 USDT (retracement towards the mid-range)

3. Target 3 (T3): 0.0038 USDT (approaching 24h High resistance)

Trade Momentum:

Bearish: If the price doesn’t bounce from support and drops below 0.002413, the momentum is likely to continue downwards. Monitor for signs of bottoming out, such as increased volume at low levels.

Bearish Reversal Confirmation: If the price stabilizes between T2 and T3 with signs of a consolidation at higher levels, it could indicate the start of an upward momentum. However, be aware of the delisting factor.

Given the delisting notification on December 25, take extra caution and ensure you plan an exit strategy in case liquidity decreases or trading becomes difficult.

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