$KAS at critical support: 0.0335. 📉
Kaspa is pulling back from 0.037 and is now testing the ascending trendline from early April. Price is currently sitting at a major confluence zone where the trendline meets horizontal support at 0.0335.
The Setup:
•Support: Must hold 0.0330–0.0335. If buyers step in here, the pullback remains just a correction within an uptrend.
•Breakdown: A daily close below the trendline breaks the April structure and targets the 0.0315–0.0320 area.
•Upside: Need to hold this level to keep the door open for another run at 0.037.
The next few candles will decide if the trend continues or if we're heading for a deeper drop.
CTA: Holding the line or waiting for a break? 👇