$KAVA Calm Before the Storm: Will Bulls Reclaim Momentum?🔥🔑🔐👇
Current Price: $0.4747
Timeframe Analyzed: 1D & 2H
Trend: Mixed (Daily Bullish Retest, 2H Indecision)
1D Chart Breakdown📊
$KAVA has been cooling off after its aggressive run to $0.60+. Currently hovering above a confluence zone near $0.4691–$0.4647 (SMA support + bullish fair value gap), price action is pressing against the 20 EMA — a potential turning point. If bulls defend this zone, we could see a relief rally toward the $0.4810 liquidity zone and beyond.
Support Zone: $0.4647–$0.4691
Resistance Zone: $0.4810–$0.5000
Stoch RSI: Oversold (6.24 & 19.24) — signaling possible bullish reversal soon.
2H Chart Breakdown📊
👉On the 2-hour chart, price has been consolidating tightly in a box between $0.4720–$0.4766. A minor BOS (break of structure) is visible, but momentum remains weak. Price is now attempting to reclaim the $0.4766 level, which if successful, could invite short-term longs.
Immediate Resistance: $0.4766
Short-Term Support: $0.4680
Stoch RSI: Bullish crossover, climbing toward mid-zone.
Trade Setup Idea:👨🏫👇
Entry: $0.4720–$0.4740✅
Target 1: $0.4810🎯
Target 2: $0.4880🎯
Invalidation: Close below $0.4647 (Daily support failure)☣️
Takeaway:🧑🏫
$KAVA is at a make-or-break spot. A bounce from this support base could lead to a sharp squeeze toward $0.50. However, failure to hold the current levels may invite deeper retracement.
Pro Tip:👨🏫
Wait for volume confirmation on any breakout above $0.4766 before entering aggressively.
👨❤️👨"The markets reward patience, not prediction." — Stay objective and disciplined.
Disclaimer:⚠️
This is not financial advice. Do your own research and risk management.
