Kaspa (KAS) is forming a symmetrical triangle pattern with upside potential towards this price
Crypto analyst Mikro is watching Kaspa (KAS) prepare for its next strategic move. After an intense rally, Kaspa found support within the defined Mikro zone, which led to a bounce.
Mikro notes Kaspa's persistence as it entered the support zone outlined by the analyst, marking a critical point where the cryptocurrency initiated a rebound. This support zone becomes a key factor in shaping the token's trajectory.
A symmetrical triangle appears
An important event on the Kaspa chart is the formation of a symmetrical triangle. This technical pattern, which often indicates market indecision, can be the launching pad for the next big move.
Mikro teases the prospect of a significant move by the Caspian, predicting a potential spike to $0.2 if the symmetrical triangle breaks to the upside. This breakout scenario presents an intriguing opportunity for traders and investors following Kaspa's price action.
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