$KAIA
/USDT Technical Analysis and Trade Signal๐๐ฏ
Current Price: $0.2747 (+35.72%)
Trend: Bullish Momentum
Technical Indicators:
1. Bollinger Bands (20, 2):
Upper Band: $0.2714 (price above, bullish breakout)
Middle Band: $0.2572 (support level in case of retracement)
Lower Band: $0.2430 (major support)
2. SAR (0.02, 0.2): $0.2584 (price above SAR, confirming uptrend)
3. Momentum:
Volume (USDT): $55.52M, indicating strong market interest.
RSI (if available) likely approaching or exceeding overbought levels, cautioning potential retracement.
Trade Signal: Long Position
Entry Zone:
Between $0.2680 and $0.2747 (current price range)
Stop Loss:
$0.2570 (below SAR and middle Bollinger Band)
Target Levels ๐ฏ
1. Target 1: $0.2900 (near-term resistance, psychological level)
2. Target 2: $0.3100 (extension of current rally, Fibonacci zone if retraced data aligns)
3. Target 3: $0.3400 (major resistance, aligns with 24h volume and potential breakout)
Trade Momentum
Short-Term: Bullish, price breaking Bollinger Bands suggests continuation.
Mid-Term: Watch for consolidation around $0.2800-$0.2900 for trend continuation.
Risk Factor: Monitor retracement below $0.2584, as breaking this level invalidates the bullish momentum.