The Akita Inu continues to slide and test this year’s low
- Yesterday, Akita’s price fell to 0.0000001301 and reached a six-month high.
Akita Inu Chart Analysis
Yesterday, the price of Akita Inu fell to a level of 0.0000001301 – a new six-month low. Last time, in January, we were there. In the past few hours, we have seen a slight recovery in price to 0.0000001456. For a bullish option to be activated, we will need a continuation to the positive consolidation up to the level of 0.0000001500. We need to break above the 0.0000001500 level and hold it above in order to consolidate more effectively and generate a bullish impulse.
The 0.0000001600 level and the 0.0000001700 level are potential higher targets. For a bearish option, we need a further negative consolidation and a retest of yesterday’s low at the 0.0000001301 level. A price break below the 0.0000001301 level would result in a new price low, and the price returning to levels from 2022.
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