$ANKR
Price is sliding lower after a clear rejection, now sitting right on short-term demand.
Price action
$ANKR is trading around $0.00683, down 4.74% on the day.
The session posted a high at $0.00719 and a low at $0.00675, showing steady sell pressure before buyers reacted near the lows.
What’s happening
After failing near the $0.0080 area, ANKR rolled over into a clean short-term downtrend. Volume expanded on the red candles, confirming distribution rather than a quick shakeout. Price remains below all key moving averages, and rebounds have been shallow, showing sellers are still in control. Demand is visible around $0.00675, but follow-through is still weak.
Key levels to watch
Support: $0.00675 – $0.00670 (current demand zone), then $0.00640 if this breaks
Resistance: $0.00700 – $0.00720 (near-term supply), then $0.00755 – $0.00800 as major resistance
Trend bias
Bearish in the short term
Structure stays heavy unless price can reclaim the $0.0072 zone with strength.
Trade idea (If / Then)
If ANKR holds above $0.00675 and reclaims $0.00700, a relief bounce toward $0.0075–0.0080 is possible.
If price loses $0.00675 with volume, continuation toward the low $0.006s becomes likely before stronger buyers step in.
This area matters. Either ANKR stabilizes here, or the downtrend extends a bit further before balance returns.
