Yello, Paradisers! Are we about to see a strong bounce or a deeper drop for Kadena (KDA)? The chart is heating up, and it’s time to pay close attention to these critical levels as we approach a make-or-break moment.
💎#KDAUSDT is raising the high probability of bullish continuation from the key support zone at $0.9342–$1.0102, which is currently holding as a vital barrier for the bulls. If this level continues to act as a floor, we could see a reversal back toward $1.2951–$1.4623, where significant resistance awaits. A clean breakout above this resistance could spark a bullish rally, with the next targets around $1.50 and $1.80. However, without strong buying pressure, the upward momentum may stall.
💎On the downside, if the $0.9342 support fails, the demand zone at $0.6569–$0.7518 will come into play. This area has historically attracted buyers and could act as a temporary safety net. Still, a sustained breakdown below this zone would expose KDA to deeper losses, with the potential to drop to $0.50 or lower.
💎The RSI is neutral but leaning toward oversold territory, which may suggest a potential bounce. Meanwhile, the MACD is signaling weak momentum but could flip bullish if the price holds or climbs above $0.9342.
💎This is a decisive moment for KDA. Whether it’s a bounce or a breakdown, volatility is expected in the coming days. Stay patient and disciplined, waiting for clear confirmation before making your move.
Stay focused and trade smart!