Jan. 15 at 8:55 PM
$AKAN Deep Dive 🔍 | Price ~
$1.35
At
$1.35,
$AKAN is deep in sentiment washout territory. This is where fake bulls disappear and fake bears get loud. Ignore both. Focus on facts, filings, and flow.
What’s happening 📉
• Post RS + dilution pressure now largely known
• Weak hands exiting, volume thinning
• Price below recent
$3.30+ post split high = reset, not zero
What matters next 👀
• Any update on telecom operations in Mexico
• Balance sheet clarity and financing structure
• Volume returning after selling exhausts
• Shorts pressing when liquidity is thin
Why this zone matters ⚡
Low priced, hated microcaps can move 50–200% fast when selling ends. We’ve seen this in names like
$HKD,
$TOP,
$AMC,
$SMX sentiment flips.
Scenarios 🎯
• Bear:
$1.00–1.20
• Base:
$2–3
• Bull (news + momentum):
$4–6+
This is high risk, high volatility. Manage size, watch volume, and wait for confirmation.