🌀 $AKT crashing 4.6% with 9.8x volume surge - With this much negative momentum, a massive volume spike, and all indicators lining up bearishly, I expect further downside unless price can reclaim and close above the 0.5646–0.5604 resistance cluster with conviction. - My main bias is for continuation downwards, especially if any bounce towards 0.5604–0.5646 is met with selling. If price revisits this zone and prints a bearish reversal signal, a short entry could be considered with take profit at 0.5348 and further at 0.5050. The stop-loss should be placed at the most recent swing high above your entry. - If, however, there is a strong reclaim above 0.5646 followed by a bullish engulfing or strong breakout on volume, that would shift my bias and I would turn neutral until price action clarifies. - For now, the probability of further decline outweighs a bottoming scenario. The volume spike looks more like panic/distribution than absorption, since there’s been no reversal pattern or sign of aggressive buying yet. - Examples of confirmation to wait for: - On a lower timeframe (1–5m), look for a bearish engulfing or pin bar at resistance - Failure to hold above 0.5604 after a bounce, with increased selling volume - If price fails to break below 0.5348 and shows a strong bullish engulfing or double bottom, then reversal may be underway — until then, shorts are favored. 📝 This is not investment advice, but an educational analysis. Please use proper risk management and always wait for confirmation before entering any position. 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m