$KGST /USDT TECHNICAL ANALYSIS – MARKET SHOWING SIGNS OF A POTENTIAL BULLISH CONTINUATION AFTER CONSOLIDATION
Market Next Move (Bullish Bias):
$KGST /USDT is currently trading in a tight consolidation range near the intraday high, indicating accumulation after a minor pullback. Price is holding above key intraday support around 0.01136–0.01139, suggesting buyers are defending this zone. If volume expands, a bullish continuation breakout is likely in the near term.
Explanation:
On the short-term timeframe, price structure remains stable with higher lows forming near support. The lack of strong selling pressure and repeated support holds indicate seller exhaustion. A breakout above 0.01145 could trigger fresh momentum toward higher resistance zones.
Trade Setup (LONG – Preferred)
Entry (Long):
0.01138 – 0.01144 (on support hold or breakout confirmation)
Targets (TP):
TP1: 0.01165
TP2: 0.01190
TP3: 0.01230
Stop Loss (SL):
0.01120 (below consolidation support)
Alternate Scenario (Bearish Only If Breakdown):
If price closes decisively below 0.01120, the bullish setup fails, and a short-term bearish retracement toward 0.01100 – 0.01085 may occur.
Short Market Outlook:
Overall structure favors bullish continuation, provided price stays above key support. Volume expansion will be the key trigger for the next impulse move.
#KGSTUSDT #CryptoTA #BullishSetup