Jan. 21 at 4:04 PM
$AKAN $PAVM $AMT $SLGB $SMX
$AKAN update 📈
Pushing back toward a
$1.50 break after the recent pullback. For a micro-float name, this kind of reclaim attempt matters more than day-to-day noise.
What the tape shows ⏱️
• Small buys moving price fast
• Selling pressure easing vs prior sessions
• Volatility tightening before a decision point
Why
$1.50 matters ⚡
• Psychological level and short-term trend line
• Reclaim can trigger momentum algos
• Shorts must defend or step aside on volume
Context 📊
• ~2.0M float keeps moves exaggerated
• Short interest remains elevated
• 52-week high ≈
$43 (post-split), showing how extreme ranges can get
Upside framework 🎯 (speculative)
• Reclaim + hold:
$1.80–
$2.20
• Momentum continuation:
$3–
$5 🚀
• Full sentiment flip on news:
$8+ 🔥
Bottom line ⚠️
This is still a structure + liquidity trade. Breaks can be fast, failures too. Watch volume, not emotions.