$KAVA 📉 KAVA/USDT Market Analysis – Binance (1H Chart)🔥🔥🔥🐂🐂💯🔑👇
📅 Date: Feb 12, 2025 – 12:01 UTC
💰 Current Price: $0.4890
📊 Volume: 4.56K
⚡ Trend: Bullish breakout, testing resistance.
📍 Key Levels👇🔑🔑🔑👇🏆🏆💯🐂
🔼 Resistance: $0.5000 | $0.5200 | $0.5400
🔽 Support: $0.4820 | $0.4760 | $0.4701
📊 Technical Indicators
✅ Moving Averages:
Price is trading above 20 EMA, 50 EMA, and 200 EMA – bullish momentum.
If the price sustains above $0.4820, the uptrend can continue.
📉 ADX & RSI:
ADX: 27.65 (Strong trend developing).
RSI: 58.38 (Bullish, but approaching overbought zone).
DMI+: 24.27 vs DMI-: 11.66 (Bullish dominance).
📉 Trading Plan
🟢 Bullish Scenario (Long Setup)
📌 Entry: Above $0.4900 (Breakout confirmation).
📌 Stop-Loss: Below $0.4820 (Risk control).
📌 Take-Profit: $0.5000 - $0.5200 - $0.5400
✅ Confirmation: Increasing volume, RSI holding above 60.
🔴 Bearish Scenario (Short Setup)
📌 Entry: Below $0.4820 (Rejection and pullback).
📌 Stop-Loss: Above $0.4900 (Risk control).
📌 Take-Profit: $0.4760 - $0.4701
✅ Confirmation: Volume drop, RSI falling below 50.
⏳ Trade Duration: 1 Hour – 4 Hours
📢 Conclusion:
📊 Trend: Bullish, but needs to break above $0.4900 for continuation.
⚡ Strategy: If the price holds above $0.4820, bullish momentum can take it higher.
If you want daily totally free profitable trade/trading tips, please follow me, like, and share this post. Grow your portfolio with me. Thanks! 🚀
⚠️ Disclaimer: This is not financial advice. Do your own research before investing.
#KAVA #Binance #BinanceAlphaAlert #1000CHEEMS&TSTOnBinance
#TradingSignals