🔥💯
🚀 Technical Analysis for $KDA
(15-Minute Chart)
Looking at the current price movement of $KDA , we see an upward trend forming, with a slight correction offering a potential entry point for the next leg up.
🔹 Entry Level: 0.9700
At this price level, we expect the price to test and bounce back, supported by the recent minor pullback. Look for confirmation signals such as a bullish engulfing or a small support formation before entering.
🔹 Target 1 🎯: 0.9800
The first target lies just above the current resistance, offering a solid potential for short-term gains.
🔹 Target 2 🎯: 1.0000
The second target sits at a psychological resistance level, where we anticipate potential profit-taking and price consolidation.
Key Technicals:
RSI showing bullish divergence
Support at 0.9650
EMA (20) is above the EMA (50), indicating a bullish trend.
💡 Risk Management: Always set your stop-loss just below the support level at 0.9600 to protect against unforeseen market shifts.
Trade wisely and always manage your risks! 🚀📊
#Binance #CryptoTrading #TechnicalAnalysis #KDAU #CryptoTargets #MarketUpdate