technical analysis and trade signal for the $KAIA
/USDT pair:
Technical Analysis:
Current Price: 0.2409 USDT (up 19.49% in the last 24 hours)
Trend: The market is showing bullish momentum, supported by a significant rise in price over the last 24 hours.
Resistance Levels:
Target 1 (T1): 0.2485 (previous 24h high)
Target 2 (T2): 0.2510 (next resistance)
Target 3 (T3): 0.2550 (psychological resistance)
Support Levels:
SAR: 0.2277 (key support)
Next Support: 0.2150 (next potential dip zone)
Trade Momentum:
Bullish: The price is trending upwards with increasing volume.
Signal: A breakout above 0.2485 could signal a continuation of the upward trend. Watch for confirmation above 0.2510 to target further gains.
Stop-Loss: Below 0.2277 (to protect against significant pullbacks).
Summary:
Long positions are favored above 0.2485.
Target levels: T1 (0.2485), T2 (0.2510), T3 (0.2550).
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