Analysis of $KDA /USDT

"The market is unforgiving to the hesitant, but it rewards the patient and those with clear plans! 🚀 Follow the support and resistance levels well, and do not enter without confirmation. Capital management is more important than quick profit, so always keep a stop loss. Your success is our success! 💪🔥"

Current price: 0.5254 USDT

Highest price in 24 hours: 0.5502 USDT

Lowest price in 24 hours: 0.5169 USDT

The price is moving in an ascending channel, but it faces some resistance at the level of 0.5300 - 0.5400 USDT

Important levels:

Strong resistance: 0.5400 - 0.5500 USDT

Strong support: 0.5150 - 0.5200 USDT

Possible targets:

✅ First target: 0.5350 USDT (if the rise continues)

✅ Second target: 0.5450 - 0.5500 USDT (strong resistance, profit can be taken here)

⚠️Stop loss:

❌ If the price breaks 0.5150 USDT with a clear candle close, there may be a drop to 0.5000 USDT or lower.

Trading volumes: increased in some areas, indicating buying interest, but currently weak.

🕯️📊Candles used: Heikin Ashi, which helps to determine the general trend, and the trend currently shows a slowdown in the rise.

Recommendation:

Wait for a break of 0.5300 USDT with confirmation before entering a buy trade.

In case of a rebound from 0.5200 USDT, entry opportunities can be sought, but with caution.

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