Kava Showing Signs of Weakness: Will It Fall Further? đ„đ
Kava's chart isn't looking too promising right now. We're seeing consistent rejection near the $0.35 mark, and every time it tries to push higher, it hits resistance and falls back. With the price hovering around $0.31 and moving averages above it, the bearish momentum is still strong. đ
The recent bounce may give some hope to bulls, but unless we see a break above $0.35 with volume, the trend is likely to stay on the downside. Look out for the $0.29-$0.28 support zone; if that breaks, it could accelerate the drop, leading to even lower levels.
There's no major buying volume to support a bullish reversal yet, so caution is key. The bears seem to be holding control for now. đ
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