$KAVA

/USDT Technical Analysis💯🔥

Current Price: $0.5841

Trend: Bullish Momentum (due to a +22.20% price surge over the last 24 hours).

Trade Signals

Support Level: $0.5700 (nearest strong support zone).

Resistance Levels: $0.6000 (key breakout zone).

Trade Momentum

Bullish: Higher highs and significant volume indicate a strong upward trend.

Targets 🎯:

1. Target 1: $0.6200 (short-term resistance).

2. Target 2: $0.6500 (medium-term resistance, a psychological level).

3. Target 3: $0.7000 (high-risk breakout zone).

Stop Loss:

Set stop-loss at $0.5500 to mitigate downside risk.

Recommendation

Buy Entry: On breakout above $0.6000, with volume confirmation.

Caution: Monitor closely for pullbacks near $0.5700.

#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16