Technical Analysis of $AKRO
/USDT:
Current Price: $0.005801 (up 11.45% in the last 24 hours)
Trend: Bullish short-term momentum, given the recent upward price movement.
Support Levels:
First Support: $0.004750 (24h Low)
Second Support: $0.004939 (Market Depth)
Resistance Levels:
First Resistance: $0.005945 (24h High)
Second Resistance: $0.006019 (Market Depth)
Trade Signal:
Buy Signal: Enter when the price breaks above $0.005900, confirming bullish momentum.
Sell Signal: Consider selling or taking profits if the price reaches the resistance level of $0.006019.
Target Levels 🎯:
1. Target 1: $0.0060 (Near resistance)
2. Target 2: $0.0063 (Next key resistance)
3. Target 3: $0.0065 (Extended bullish target)
Momentum:
Strong bullish momentum observed in the short term, with increasing volume and positive price movement.
Caution near the resistance zones, as a pullback could occur if the price fails to sustain above $0.0060.
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