$AKT

# Is AKT Quietly Building a Bottom?

While most of the market is still focused on the usual AI names, $AKT has been quietly putting together a pretty interesting chart.

After dropping all the way to the $0.25 area, Akash Network has recovered strongly and is now trading around $0.73. That's still far below the $8.08 ATH, but the structure looks much healthier than it did a few months ago.

What I like here is that the weekly trend has clearly improved. Price is holding above key moving averages, RSI is back above 50, and the weekly MACD remains positive. That's usually not what a chart looks like when it's preparing for new lows.

On the daily timeframe, AKT recently defended the $0.55-$0.60 region and buyers stepped back in. Momentum is slowly returning, although the real test is still ahead.

Right now, the key level to watch is the $0.74-$0.78 resistance zone. A clean breakout above that area could open the door for a move toward $0.90 and potentially above $1.00.

On the downside, I would want to see $0.63 hold. Losing that level would weaken the current bullish structure.

Fundamentally, Akash remains one of the more interesting AI infrastructure projects. Instead of chasing AI hype, it focuses on decentralized cloud computing and GPU marketplaces, a sector that could benefit directly from growing AI demand.

For now, AKT looks less like a coin in a downtrend and more like a project quietly building a base.

What do you think? Is AKT an overlooked AI play or just another relief rally?

#AKT #AkashNetwork #AI #DePIN #Crypto #Altcoins