Jan. 12 at 7:43 PM
$AKAN update ππ Pushing back toward
$3.00 as power hour approaches.
$AKAN is grinding higher with small buys steadily absorbing sells, a common setup in low float microcaps late in the session. Liquidity remains thin, so price is reacting quickly to even modest order flow.
What the tape shows β±οΈ
β’ Dips getting bought faster
β’ Sellers less aggressive than earlier
β’ Momentum building into power hour
Why it matters now β‘
β’ Post reverse split structure is still settling
β’ Tight float magnifies late day moves
β’ Power hour often brings volatility or continuation
Sector context π
β’ Telecom infra strength from
$AMT $CCI helps sentiment
β’ Cannabis sympathy from
$TLRY $CGC still relevant
β’ Microcap momentum traders watching closely
Upside framework π― (speculative)
β’ Near term reclaim:
$3+
β’ Momentum follow through:
$5β8 π
β’ Low float plus real news rerate:
$10+ π₯
Bottom line β οΈ
This is order flow driven price discovery. Into power hour expect faster moves, wider spreads, and sharp reactions.