$KAVA /USDT — 15m Chart Read
KAVA just dipped into the 0.0750 area, where buyers defended support and forced a modest bounce. That level is now the immediate demand zone — sellers pressed price lower, but continuation stalled, suggesting short-term selling pressure is cooling.
Price is now consolidating around 0.0751–0.0755, grinding sideways beneath declining short-term averages. Momentum remains muted; this looks like a pause after a controlled selloff rather than aggressive accumulation. The tape shows balance, but sellers still have the upper hand.
Structure stays bearish-biased on the 15m. Lower highs are intact and price remains capped below the 0.0758–0.0763 resistance band, where prior bounces rolled over. A reclaim of that zone would be needed to signal momentum expansion and shift bias.
Above that, 0.0770–0.0780 is the next supply area tied to higher-timeframe resistance.
Caution: a clean loss of 0.0750 would break the defended zone and likely trigger renewed downside, weakening structure and trapping late buyers. Until proven otherwise, the tape favors consolidation-to-down with sellers still dictating tempo.
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