AKTIO/USDT : Pullback on Moving average – time to add?

Previous analysis :

Context

AKTIO Coin is the native ERC20 coin from Akt . io app available since march on Apple and Google Store (Europe only for now) https://www.akt.io/- The AKTIO Coin has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on directly vie the exchange on akt . io app. The price action of the AKTIO is positive and will become more and more attractive once it will be released on further exchange & a stacking solution soon regarding the road map, also the commercial success of the app will impact the coin price action with more and more users expected for 2022. you will find more details here : https://www.akt.io/token-economics

Supply:

Total supply : 100 000 000
Circulation supply : 12 500 000 (12,5%)
Circulation supply January 2023 (32%)

Vesting ICO participant (21 month – released every 3 month) – 18% of the total supply
Vesting reserved (60 month – released every 3 month) – 69,5% of the total supply

The total supply is 10x less than similar project such as Swissborg or Nexo and the progressive vesting schedule calendar will help the coin to progress step by step towards >10$ for 2022 in parallel of the users acquisition. On current level the coin is clearly under-value and offer a nice opportunity to enter in the trade.

Tactical view 1 to 6 weeks (Update)

As long as 1,78 remains support on the short-term a further rise towards 3,15 (Auto-similar move – blue arrow) is likely before extending the progression towards 5,90 in a first step. Long-term target stands at 10$+
New technical element = pullback on EMA + Key fibonacci level

Enjoy my friends !