Akita Inu chart analysis

Akita Inu's price continues to move away from yesterday's high at the 0.00000014600 level. In the previous 10 hours, the price struggled with support at the 0.00000012800 level. If we continue to move in this zone, a breakout below and the formation of a new weekly low could easily occur. Potential lower targets are 0.00000012500 and 0.00000012000 levels.

Additional support could be found in the EMA50 moving average in the zone around the 0.00000012500 level. We need a positive consolidation and a move above the 0.00000013500 level for a bullish option. Then we would have to hold up there, to consolidate there before continuing on the bullish side. Potential higher targets are 0.00000014000 and 0.00000014500 levels.