invezz.com 
At the time of writing, $AKT trades around $0.7538, reflecting a 3.4% decline over the past 24 hours and a 13.4% drop over the past seven days.
Despite the short-term weakness, the broader structure suggests the token is still holding a larger upward trend that began over the past month.
The latest move comes after a strong rally phase where $AKT gained approximately 63.8% in 30 days, pushing the price into a zone where profit-taking has now become more visible.
This cooling-off phase has kept the token in a tight range between $0.7356 and $0.7996 over the last 24 hours, with traders closely watching whether the $0.8 level can be reclaimed and held.
Profit-taking slows momentum after strong monthly rally
The recent pullback is largely tied to profit-taking activity following the sharp monthly rise.
$AKT’s climb of nearly 64% in 30 days created conditions where short-term traders began locking in gains, especially in the absence of new, immediate catalysts strong enough to extend the rally further.
Market behaviour also shows a divergence between short-term price action and technical signals.
While the token has dropped over the past week, 12 out of 23 technical indicators remain bullish, compared to only 2 bearish signals, with the rest sitting neutral.
This imbalance suggests that selling pressure has not fully overturned the broader technical structure.
The token is also trading below its 30-day simple moving average, which has now turned into a short-term resistance level.
This has contributed to repeated rejection attempts near the upper part of the recent range, reinforcing the idea that the market is currently in a consolidation phase rather than a breakout phase.
Technical structure still supports broader bullish trend
Despite the recent decline, longer-term technical indicators continue to show strength.
$AKT is currently trading above all major exponential moving averages, including the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs, which remain stacked below the current price.
This alignment is often viewed as a sign that the underlying trend is still upward despite short-term corrections.
The RSI at 59.14 places momentum in neutral territory, showing that the market is neither overbought nor oversold, leaving room for movement in either direction depending on how the price reacts around key levels.
From a technical perspective, the next important resistance level is at $0.9360, which would need a decisive daily close above it to signal continuation of the broader upward move.
On the downside, key support is located at $0.6767, which has been identified as the level that must hold to avoid a deeper correction phase.
Akash Network price chart
Longer-term outlook remains tied to trend stability
Looking at the wider market structure, $AKT remains far below its previous cycle high of $8.07, recorded in April 2021.
The long gap since that peak highlights the extended recovery phase the token has been undergoing, spanning several years of price compression and cyclical movement.
Forecast models for 2026 place a wide range of outcomes, with projections extending toward approximately $4.70 on the higher end and around $0.45 on the lower end.
This wide spread reflects the uncertainty in long-term adoption and market conditions surrounding decentralized compute infrastructure.
For now, the focus remains on whether $AKT can stabilise above its short-term support levels and rebuild momentum toward the $0.8–$0.9 region, where the next structural breakout decision is likely to form.
