Jan. 1 at 3:48 PM
$AKAN 📉 ~
$0.50 | Thin Float, High Risk, High Reward
AKAN near
$0.50 reflects pressure, not zero potential. This is a very thin-float, heavily shorted microcap, where price can move fast once volume shows up.
Current setup 👇
• Heavy short interest vs float
• Limited shares available to borrow, likely high cost to borrow
• Thin liquidity = small buys, big candles ⚡
• Shorts may still be in — coverage unclear
This is the same type of setup we’ve seen before in microcaps like
$HKD,
$TOP,
$MEGL,
$GNS, where price action ignored fundamentals short term and moved on flow + positioning.
What AKAN is 🧠
• Telecom infrastructure focus 📡
• Optional cannabis exposure 🌿
• Multi-sector angle, not a one-theme ticker
Speculative targets 🎯
•
$0.65–
$0.85
•
$1.00–
$1.50
•
$2.00+ on real momentum
High volatility. Manage risk.
Not financial advice 📊
