Thesis AKT broke out of its 0.63–0.69 base on 4 Oct on 2.78M volume, about 8x the base volume. That move was real. On the 5 Oct push to 0.8466, though, the daily candle closed with a 64% upper wick. It was also the second daily close that failed to hold above the 0.79–0.80 shelf (Sep 23 high 0.7884, Oct 4 high 0.8025). Price is 16.6% above the EMA20 with daily RSI at 70, so buying at 0.77 means paying for the extension with a stop far away. The better trade is a pullback into 0.72–0.74, where the 4 Oct 4h breakout candles started, with the stop under the breakout day's low. Crowd read The early buyers from the base are sitting on +20% gains and sold into the 0.85 wick. Volume ran 4x normal while price fell 1%, which looks like profit-taking, not absorption. Fear & Greed is in Greed at 70 and AKT is not on CoinGecko's trending list, so retail has not piled in yet. That usually means a shakeout back toward the breakout level before the next attempt, not a collapse. Watch for Buy into 0.72–0.74 only if 4h volume dries up on the way down and a 4h candle prints a lower wick into that zone. Alternative: a daily close above 0.81 on volume above 1.5M turns this into a fresh breakout to buy on a hold of 0.80, with a stop under 0.74. Wrong if A daily close back below 0.69 (the top of the old range) means the breakout has failed and price has dropped back into the base. A 4h close under 0.74 on rising volume before the bid fills would warn that the pullback could run past 0.72. Exit rules none set Managed exit (half at 1R, trail 1R) not filled yet

Screener volume wake scored 62 (reasons were not kept on this call) Project I found nothing material from the last two weeks: no unlock, listing, delisting or hack showed up. Coinbase noted AKT topping the daily gainers with little news behind it. Circulating supply is about 77% of the 388.5M max, so ongoing emissions add supply but nothing big is due. The AI/DePIN narrative is active, with FET, TAO and GRASS on the trending list. Risks · The 0.79–0.85 zone now has two failed closes and fresh trapped buyers from the 0.8466 wick. Both are overhead supply, so target1 at 0.84 will meet sellers at break-even. · Price may never pull back to 0.72. If it reclaims 0.80 on a daily close straight away, the limit misses the move. · The dip may not stop at 0.72–0.74. The 9 Sep and 23 Sep spikes both retraced 10–15% within days. The same here would take price to about 0.68–0.70, close to the stop. · Market breadth is thin: only 4 coins in the top 200 are up 30% on the week, total market cap is down 1.6% today, and BTC dominance is 58.7%. A weak market leaves little room for alt follow-through. Sources https://www.coingecko.com/en/coins/akash-network https://www.coinbase.com/price/akash-network Features at call time pct_1d: -1.08 pct_7d: 17.36 vol_ratio_eff: 3.98 rsi_1d: 70.25 bbw_pct_rank: 89.11 dist_to_high_20d_pct: 4.41 consec_green_1d: 0 overhead_supply_share: 0.04 upper_wick_ratio_1d: 0.64 lower_wick_ratio_1d: 0.26 rs_vs_btc_7d: 14.75 from_ath_pct: -90.06