【$AKT Signal】Trend Following Long + 1H Momentum Breakout

$AKT The 1H timeframe has experienced a strong breakout above the recent consolidation upper boundary and has stabilized above the EMA20 moving average, indicating strong momentum. The 4H timeframe has formed three consecutive bullish candles, with the price above the EMA50, shifting the trend from weak to strong. Currently, the order book depth shows significantly more buy orders than sell orders, with clear institutional support, suggesting a short-term continuation of the upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 0.3320 - 0.3330 (Reason: After the 1H breakout, a pullback to confirm the area, which is also the current dense trading zone in the order book )

🛑Stop Loss: 0.3270 (Reason: Break below the 1H EMA20 support and the previous candle low )

🚀Target 1: 0.3400 (Reason: Fibonacci 0.5 retracement of the previous 4H decline and psychological level )

🚀Target 2: 0.3480 (Reason: 1.618 Fibonacci extension and higher resistance zone )

🛡️Trade Management:

- Position Size Suggestion: Light Position (Reason: Daily gains have exceeded 8%, risk control is necessary when chasing higher )

- Execution Strategy: When the price reaches 0.3400, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.3320. If the price strongly breaks through 0.3400 and stabilizes, hold the remaining position towards 0.3480.

Order Book Logic: Over the past 4 hours, open interest (OI) has remained stable, but the price continues to rise, indicating that the move is not driven by short covering but genuine buying interest. The 1H RSI is at 74.35, entering overbought territory but not yet exhausted, with inertia for further upward movement. The order book depth imbalance reaches 21.16%, with concentrated buy strength. There is a large accumulation of buy orders in the 0.3310-0.3300 zone, forming a strong support. Coupled with a funding rate of only 0.005%, showing no signs of overheating, indicating a healthy bullish trend.

Trade here 👇 $AKT

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