$KAVA

/USDT Technical Analysis 🚀

Current Price: £0.3570

Price Change (24h): +5.31%

24h High: £0.3617

24h Low: £0.3356

Overview: KAVA has shown promising movement recently, currently trading at £0.3570 with a notable increase of 5.31%. Let's delve into the technical analysis and identify three key price targets for traders to watch.

Support & Resistance Levels:

Support Level: £0.3267 (SAR Indicator)

Resistance Levels:

Target 1: £0.3617 (Recent High)

Target 2: £0.3700 (Psychological Level)

Target 3: £0.3800 (Next Resistance Zone)

Price Targets:

1. Target 1: £0.3617

This level coincides with the recent high, which could serve as an initial target for short-term traders. A break above this level may signal further bullish momentum.

2. Target 2: £0.3700

As a psychological barrier, reaching this target could encourage additional buying interest. Watch for potential pullbacks or consolidation as the price approaches this level.

3. Target 3: £0.3800

This level represents a key resistance zone where profit-taking may occur. If KAVA successfully breaks through this target, it could open the door for further upward movement.

Trading Volume: With a 24h volume of 4.03M USDT, the trading activity remains robust, indicating healthy interest in KAVA.

Conclusion:

Keep an eye on these targets as KAVA trades within a potentially bullish environment. Always consider risk management strategies when trading, and stay informed about market news that could influence price action.

#BinanceBlockchainWeek #BTCBreak71K #USJobOpeningsDip #TIATokenUnlock #PhantomOutage