$KAS /USDT ā Trade Setups
Based on the latest technical readings and the failure at resistance, a SELLING trade is recommended due to the confirmed loss of short-term support and the overall bearish sentiment dominating the market in this range. A high-risk BUY setup is also provided for a potential reversal.
š» Trade Plan ā SELL (Recommended)
š“ Sell Zone:$0.0520 ā $0.0510
ā¢ Entry Rationale: Selling the rejection from the recent swing high/short-term resistance area or a confirmed break and retest of the immediate support.
šÆ TP 1: $0.0485
šÆ TP 2: $0.0450+ (Targeting the lower accumulation zone/major support)
š SL: $0.0540
Placing the stop just above the key Fibonacci resistance level and the recent high that failed to break out.
KASUSDT
Perp
0.04683
+5.73%