FxWirePro- AKTUSD (Chart of the day)

Akash is the world's first and only Super cloud for serverless computing, enabling anyone with a computer to become a cloud provider by offering their unused compute cycles in a safe and frictionless marketplace.  Akash is a layer 1 protocol built using Cosmos SDK  that uses Proof-of-Stake consensus to secure its network of decentralized validators.

ASTRUSD showed a minor pullback after a sharp sell-off.

Any daily close above $3.40 confirms further bullishness.

AKTUSD gained more than 20% after a sell-off for the past two weeks. The pair holds above the short-term (21 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a high of $2.79 and is currently trading around $2.735.

The bullish invalidation can happen if the pair closes below $1.50. On the lower side, the near-term support is $2.50. Any break below targets $2.30/$2/$1.50.

The pair's near-term resistance is around $3. Any breach above confirms minor bullishness. A jump to $3.36/$3.69 is possible. A surge past $4 will take it to $5.

It is good to buy on dips around $2.50 with SL around $2 for TP of $3.68/$4.