i🔥HARD ANALYIS🔥
Kava Lend (HARD/USDT) is currently trading at approximately $0.1442, reflecting a 6.17% increase over the past 24 hours.
Technical Analysis:
Immediate Resistance: $0.1550
Major Resistance: $0.1600
Immediate Support: $0.1400
Trade Setup:
Entry Points:
First Entry: Near $0.1420 if a bullish reversal pattern (e.g., bullish engulfing or hammer) forms.
Second Entry: If the price stabilizes and reclaims $0.1450 with signs of upward momentum.
Breakout Entry: Buy on a confirmed breakout above $0.1550 with strong volume.
Stop Loss & Risk Management:
Stop Loss: Place a stop loss at $0.1350 to limit potential losses if the price continues to decline.
Risk/Reward Ratio: Aim for at least 1:2 to balance risk and potential reward.
Target Levels:
First Target: $0.1550 (Immediate Resistance)
Second Target: $0.1600 (Major Resistance)
Third Target: $0.1700 (Next Psychological Resistance)
Trade Strategy Summary:
Buy on:
Support at $0.1420 or breakout above $0.1550.
Target Levels:
$0.1550, $0.1600, $0.1700.
Stop Loss:
Below $0.1350.
Risk/Reward:
Maintain a 1:2 ratio or better.
*Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.*