#descendingtrendline
descendingtrendline
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$KAS TESTING THE DESCENDING TRENDLINE THAT HAS HELD FOR THREE MONTHS ⚡
Body:
Price has been compressing under this descending trendline since June, with each test showing lower selling pressure. The current retest at resistance comes with a clear support base near $0.17 that has held four times on the 4H chart.
Volume is climbing as price hugs the line — this is the tightest consolidation we've seen in weeks.
Are you watching this resistance or already positioned for the breakout?
Not financial advice. Always manage your risk.
#KAS #Breakout #DescendingTrendline #Crypto
⚡
Body:
Price has been compressing under this descending trendline since June, with each test showing lower selling pressure. The current retest at resistance comes with a clear support base near $0.17 that has held four times on the 4H chart.
Volume is climbing as price hugs the line — this is the tightest consolidation we've seen in weeks.
Are you watching this resistance or already positioned for the breakout?
Not financial advice. Always manage your risk.
#KAS #Breakout #DescendingTrendline #Crypto
⚡
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