🚀 Cryptocurrency Market Update: $KLAY Technical and Market Analysis 📈Current Price:Price: $0.1293 (-6.03%)Trading Data:24h High: $0.138124h Low: $0.123524h Volume (KLAY): 31.32M24h Volume: 4.05MTechnical Analysis:Moving Averages:MA(5): $0.1330MA(10): $0.1279Recent Price Action:KLAY has faced downward pressure, falling below the support level of $0.1235 after reaching a high of $0.1381, signaling a bearish trend.Market Sentiment:Market sentiment is bearish, as reflected in the trading volume of 31.32M KLAY, indicating reduced investor confidence.Depth Chart Analysis:The depth chart shows limited buy orders, suggesting weak support at the current price levels.Outlook:Given the negative technical indicators and declining trading volume, KLAY may continue to face challenges in regaining upward momentum in the short term. Traders should monitor the market for potential breakout opportunities or further declines.Stay informed and make smart investment decisions! Follow us for more updates on cryptocurrency trends and market insights.#KLAY #CryptoAnalysis #Marketupdates #Marketupdates #InvestSmart