$KAS AT A CRITICAL SUPPORT – CAN IT HOLD OR WILL IT BREAK 🎯
Selling volume remains elevated on the daily timeframe, and the price is under all key moving averages. The MACD histogram has crept back above zero, suggesting sell pressure may be slowing, but the Stochastic oscillator at 35 still points to weak momentum.
The broader structure shows lower highs and lower lows since the May peak near $0.039. The $0.027 support zone is the last line before a potential move toward $0.025. Is $0.027 the bottom or just a rest stop on the way lower?
Not financial advice. Always manage your risk.
#KAS #Kaspa #TechnicalAnalysis #SupportTest #CryptoMarket
🔥
Selling volume remains elevated on the daily timeframe, and the price is under all key moving averages. The MACD histogram has crept back above zero, suggesting sell pressure may be slowing, but the Stochastic oscillator at 35 still points to weak momentum.
The broader structure shows lower highs and lower lows since the May peak near $0.039. The $0.027 support zone is the last line before a potential move toward $0.025. Is $0.027 the bottom or just a rest stop on the way lower?
Not financial advice. Always manage your risk.
#KAS #Kaspa #TechnicalAnalysis #SupportTest #CryptoMarket
🔥