$KAIA Under Pressure: Testing Key Support Amid Heavy Selling
$KAIA has slipped to $0.2026, marking a 15.90% drop over the past 24 hours as it tests critical support at $0.2022. This sharp decline follows a rejection from its recent high of $0.2452, pushing the RSI into extremely oversold territory at just 9.07. Such a low RSI indicates the potential for a technical bounce if buyers regain confidence.
The MACD highlights sustained bearish momentum, with no signs of reversal yet. Traders should monitor this zone closely, as breaking below $0.2022 could accelerate selling, while stabilization at this level might attract opportunistic buyers aiming to capitalize on the oversold conditions.