Thesis AKT broke out of its 0.63-0.69 base on 4 Oct with 2.78M daily volume (about 4.5x normal) and cleared the 23 Sep swing high at 0.788. Today it spiked to 0.8466 and gave most of it back, leaving a 64% upper wick on 2M volume. Price is 17.5% above the EMA20 with a daily RSI of 72, so buying here means buying straight into fresh supply. The better trade is a pullback into the 0.73-0.75 shelf, where today's 0.7407 low sits on top of the late-September highs around 0.72-0.73. If that zone holds, the target is a retest of the 0.84 wick high. Reward-to-risk is about 3.5:1 to target1. Crowd read Early buyers from the 0.65 base are taking profit into the 0.80-0.85 spike, and today's wick shows sellers met that move hard. The crowd isn't euphoric yet: AKT isn't on the CoinGecko trending list and breadth is lukewarm. A shakeout down to the breakout shelf is the usual next step before any continuation. Watch for A 4h pullback into 0.735-0.75 that leaves a long lower wick and closes back above 0.75 on falling sell volume, then a 4h close back above 0.79. Don't chase above 0.80. A daily close above 0.85 on volume would be a separate breakout signal, but the stop would then sit under 0.74, more than 12% away, which is too loose. Wrong if A daily close back below 0.72 puts price back inside the September range and means the breakout failed. A second rejection in the 0.80-0.85 zone before any pullback, on falling volume, would also mean supply is in control. Exit rules none set Managed exit (half at 1R, trail 1R) active, +0.66R so far

Screener volume wake scored 62 (reasons were not kept on this call) Project Nothing material in the last two weeks: no unlocks, listings, delistings, hacks or lawsuits found. The Burn-Mint Equilibrium (BME) upgrade went live around March 2026 and is old news. Circulating supply is about 100% of total (FDV roughly equals market cap), so no unlock overhang. Coinbase commentary from about a day ago notes AKT leading daily gainers, which shows attention is building. It's in the AI/DePIN narrative, which is rotating in, but AKT isn't on the CoinGecko trending list yet. Risks · Today's upper wick at 0.8466 came on 2M volume, which looks like real distribution and not a stop-hunt. The pullback could slice through 0.74 down to the 0.69-0.70 base. · Kraken AKT/USD only trades about $1.7M a day, against roughly $23M across all venues, so expect wicks and slippage on the limit fill and the stop. · Fear & Greed is at 70 (Greed), total market cap fell 1.8% today and BTC printed a red day. If BTC is rejected just below its 20-day high, AKT's beta will cut both ways. · If price never pulls back and grinds higher, the order simply won't fill. Sources https://www.coinbase.com/price/akash-network https://coindar.org/en/coin/akash-network/calendar/1 https://www.bitget.com/news/detail/12560605269546 https://coinmarketcap.com/cmc-ai/akash-network/latest-updates/ Features at call time pct_1d: -0.13 pct_7d: 18.49 vol_ratio_eff: 3.83 rsi_1d: 71.82 bbw_pct_rank: 89.11 dist_to_high_20d_pct: 3.41 consec_green_1d: 0 overhead_supply_share: 0.04 upper_wick_ratio_1d: 0.64 lower_wick_ratio_1d: 0.33 rs_vs_btc_7d: 15.74 from_ath_pct: -89.91