The recent market performance of AKT has been quite impressive. Friends who suggested going long at the 44 level a few days ago have now seen their unrealized gains expand to about 25 points. This wave of upward movement has certainly not disappointed.
From a technical perspective, the 4-hour chart has already clearly broken out with increased volume, and the key support level has held steady, indicating that the buying strength is still present. The EMA moving averages are aligned in a bullish pattern, and the MACD has also shown a golden cross signaling upward momentum. All these factors point to the possibility of continued gains.
For traders who are already holding long positions, it may be advisable to add to their positions gradually on a pullback to support levels. If you haven't entered yet, you can either go in at market price to participate in this rally or wait for the next pullback to a suitable level before going long. The market momentum appears to be sustainable, but the key is to closely follow technical confirmations.
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AirdropFatigue
· 7h ago
Damn, taking off at 25 points directly, there's something to it.
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MissedTheBoat
· 7h ago
Is the 44-level now taking off? Why didn't I get on the train? My mindset is collapsing.
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MaticHoleFiller
· 7h ago
Wow, 44 entries now at 25 points? Why didn't I keep up? I'm a bit overwhelmed.
The recent market performance of AKT has been quite impressive. Friends who suggested going long at the 44 level a few days ago have now seen their unrealized gains expand to about 25 points. This wave of upward movement has certainly not disappointed.
From a technical perspective, the 4-hour chart has already clearly broken out with increased volume, and the key support level has held steady, indicating that the buying strength is still present. The EMA moving averages are aligned in a bullish pattern, and the MACD has also shown a golden cross signaling upward momentum. All these factors point to the possibility of continued gains.
For traders who are already holding long positions, it may be advisable to add to their positions gradually on a pullback to support levels. If you haven't entered yet, you can either go in at market price to participate in this rally or wait for the next pullback to a suitable level before going long. The market momentum appears to be sustainable, but the key is to closely follow technical confirmations.