$KAIA /USDT $0.0620 (Rs17.34) per trade is happening, today there has been a dip of 10.66%, but if we look at long-term performance, this coin has provided a return of 27% in 30 days and more than 61% in 90 days! This means the sentiment is overall strong, but a short-term correction is ongoing.
Immediate support is $0.0611, and strong support is at $0.0598 (24h low). If this level holds, there are chances of a bounce. Looking at the order book, the weight of sellers is higher (61.46%), so some consolidation may occur. On the upside, the first resistance is $0.0624-0.0625, and then $0.0645 (MA99) is a major hurdle. The short-term target bounce seems reasonable up to $0.0636.
Overall trend is strong, so the dip can also be seen as an accumulation opportunity, but patience will be required for entry. Wait for a clear reversal signal!
