๐ #KAVA/USDT Trade Setup ๐ $KAVA
๐ Breaking free from a Falling Wedge, confirmed by a breach above the 200-day MA (~$0.74), the price may surge +20% to $0.90 near-term. SL set at $0.67, just below the prior swing low. (Set an alert!)
๐ Patterns: Falling Wedge - heralding a potential bullish reversal after a downtrend. Swing traders can navigate between trendlines. Most traders await a completed pattern with a breakout before placing a BUY order.
๐ Trend: Uptrend (ST, MT, LT)
๐ Momentum: Bullish. MACD Line > Signal Line, RSI > 55.
๐ Supp/Res: $0.70-$0.75 (prev. resistance), $0.55 / $0.90, $1.00, $1.20
๐จ Set alerts & manage risk!
๐ฏ Buy Signal: Break above 200-day MA (~$0.74)
๐ฏ Sell Target: $0.90 (Potential continuation)
๐ Stop Loss: $0.67
Stay vigilant! ๐ #KAVA #CryptoTrading #Write2Earnโฌ #