Thesis AKT broke out of its 0.64–0.72 range on 4 Oct on its heaviest volume in 40 days (2.78M against roughly 0.5M normal) and cleared the 23 Sep high of 0.788. On 5 Oct it spiked to 0.8466 and closed back at 0.765, so that test of the 0.80–0.85 supply was rejected. It now sits in a 0.74–0.78 shelf with RSI near 70, 15% above the 20-day EMA. Entering at market puts the stop too far away for the upside to 0.8466, so the clean trade is a pullback into the old range top at 0.72–0.73. If dips there get bought, target1 is the rejection high at 0.845. If the old range top breaks, the move was a fake. Crowd read Early buyers got paid on the 0.8466 wick, and late chasers who bought 0.78–0.84 are now slightly underwater. They are the ones who will sell into the next push towards 0.80. The market-wide mood is Greed (73) and is not leaning against this move, so the first retest of 0.72 is more likely than a straight continuation. Strong relative strength against BTC (+17% on the week) means buyers should defend that retest rather than let it go. Watch for Look for a 4h candle that wicks into 0.72–0.735 and closes back above 0.74 on falling sell volume. That is absorption at the old range top, and it is the fill. Alternative trigger: a 4h close above 0.85 on volume above 600k would break the rejection high. Re-evaluate that as a fresh breakout with a stop under 0.80. Wrong if A daily close back below 0.70 puts price inside the old 0.64–0.72 range and turns the 4 Oct breakout into a trap. Also invalid if the pullback comes on heavier volume than the breakout days, or if price grinds up through 0.80 without a retest (then the setup changes to a stop-trigger above 0.85, not a chase). Exit rules · close below 0.7 (1d): back inside the old 0.64–0.72 range: the breakout failed · btc drop pct 4.0: BTC losing 4% in Greed would drag alts through the retest level · no progress hours 48.0: bought the retest but no bounce within two days: the absorption isn't there Managed exit (half at 1R, trail 1R) not filled yet

Screener volume wake scored 61 (reasons were not kept on this call) Project Searched for recent news and found nothing material: no unlock, listing, delisting, hack or legal issue came up in the last two weeks. Circulating supply is about 100% of total supply (298.5M), so near-term unlock pressure is low. The max supply of 388M means inflation continues over the longer run. AKT trades in the AI/DePIN sector, is 90% below its 2021 high, and is not on the CoinGecko trending list, so retail attention has not peaked yet. Risks · The 0.8466 rejection wick on 5 Oct came on 632k+883k volume in two 4h bars. That looks like distribution, so 0.80–0.85 is a real supply shelf and target1 sits right under it · The limit at 0.725 may never fill if buyers hold the 0.74 shelf, so the trade is missed rather than lost · Total crypto market cap is down 2.5% in 24h with sentiment in Greed, so a market-wide flush would hit high-beta AI/DePIN names first · The broader AI/DePIN theme drives AKT, so a rotation out of AI tokens would hit it no matter what its own chart shows Sources https://www.coinbase.com/price/akash-network https://coinpaprika.com/coin/akt-akash-network/ Features at call time pct_1d: 0.65 pct_7d: 19.79 vol_ratio_eff: 3.30 rsi_1d: 70.07 bbw_pct_rank: 85.15 dist_to_high_20d_pct: 9.89 consec_green_1d: 1 overhead_supply_share: 0.04 upper_wick_ratio_1d: 0.19 lower_wick_ratio_1d: 0.21 rs_vs_btc_7d: 17.22 from_ath_pct: -90.01