$KGST /USDT TECHNICAL ANALYSIS โ COILED LIKE A SPRING, BREAKOUT IMMINENT
๐ MARKET NEXT MOVE: BULLISH BIAS ON RANGE BREAKOUT
$KGST /USDT is trading in an extremely tight range, showing clear price compression near the lows. Such low volatility phases usually precede a strong directional move. Given the lack of further downside expansion and steady bid holding above 0.01136, the bias slightly favors an upside breakout if volume steps in.
IMMEDIATE MARKET EXPLANATION:
Price is consolidating between 0.01136โ0.01140 with repeated support holds, indicating seller exhaustion. The flat structure suggests accumulation rather than distribution. A clean break above 0.01140 can trigger momentum-driven buying, while a breakdown below 0.01136 would negate the bullish setup.
๐ TRADE SETUP (LONG โ BREAKOUT PLAY)
Long Entry: 0.01140 โ 0.01142 (on confirmed breakout & close)
Stop Loss (SL): 0.01132
Take Profit Targets (TP):
TP1: 0.01155
TP2: 0.01175
TP3: 0.01210
โ ๏ธ Conservative traders should wait for volume expansion before entry.
๐ฎ SHORT MARKET OUTLOOK
KGST/USDT is currently neutral but leaning bullish due to strong base formation. A successful breakout can lead to a fast move due to thin liquidity. Failure to hold 0.01136 would shift the bias to bearish, so risk management is essential.
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