#AkashNetwork $AKT is gaining attention again as a decentralized cloud computing project within the Cosmos ecosystem. On the weekly chart, price structure suggests that after a prolonged correction, AKT is attempting to build a base for a potential bullish reversal.
Recent data shows #AKT has been trading in a compressed range after a major decline from its all-time highs, indicating accumulation phase behavior.
Strong Support Zone: $0.25 – $0.30
Mid Support / Accumulation Base: $0.80 – $1.00
Key Resistance Levels: $1.50 → $3.00 → $6.00
The lower support near $0.25–$0.30 has historically acted as a demand zone, while reclaiming $1.00+ signals early strength.
Bullish Scenario (Weekly Timeframe)
Short-Term Target: $1.50 – $2.00
Mid-Term Target: $3.00 – $3.50
Major Breakout Target: $5.00 – $6.00
Extended Bull Cycle Target: $7.00+
A confirmed weekly close above $1.50–$2.00 would likely validate trend reversal and open the path toward higher resistance zones. #BinanceSquare #BinanceSquareFamily
