😎😘$KMD /BTC Technical Analysis: Price Surge and Key Levels to Monitor🤩🥳😍

The $KMD /BTC pair has experienced a solid +6.17% increase in price over the last 24 hours, currently trading at 0.00000327 BTC. This positive movement highlights a bullish sentiment in the short term, but it's essential to assess the key levels and potential targets moving forward.

Current Price Data:

Current Price: 0.00000327 BTC (+6.17% in the last 24 hours)

24h High: 0.00000342 BTC

24h Low: 0.00000303 BTC

24h Volume ($KMD

): 173,562 KMD (~$0.3049)

24h Volume (BTC): Data not provided

Key Technical Indicators:

MA(7): 0.00000325 BTC

MA(25): 0.00000324 BTC

MA(99): 0.00000327 BTC

The moving averages are positioned just below the current price, reinforcing the upward momentum for KMD/BTC in the short term. The MA(99) aligns with the price, suggesting the medium-term trend is still bullish. The price is currently trading above both the MA(7) and MA(25), indicating that the bullish trend is intact.

Key Levels to Watch:

24h High: 0.00000342 BTC

The 0.00000342 BTC level is a critical resistance. If the price can break above this point, it could open the door to further upside. Bulls will be targeting this level as the next major hurdle to clear.

24h Low: 0.00000303 BTC

The 0.00000303 BTC level acts as significant support. If the price retraces, this level could provide a solid foundation for a bounce back. A drop below this support might signal weakness and further downside potential.

Depth and Order Book Analysis:

Bid Range: 0.00000325 BTC – 0.00000321 BTC

Ask Range: 0.00000332 BTC – 0.00000328 BTC

The bid range suggests that demand is present between 0.00000325 BTC and 0.00000321 BTC, providing potential support if the price dips. On the other hand, the ask range indicates resistance between 0.00000328 BTC and 0.00000332 BTC, where selling pressure may increase.

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