$KGST #KGSTMoon The provided image shows a technical analysis chart for the KGST/USDT trading pair on the Binance exchange, set to an 8-hour (8h) time interval.
Market Overview
The asset is currently trading at 0.01135 USDT, showing sideways movement with a slight downward bias. The price is hovering near its recent 24-hour low of 0.01133, indicating a lack of strong bullish momentum.
Technical Indicators
Moving Averages (MA): The price is currently trading below the MA(7), MA(25), and MA(99). This alignment typically signals a bearish trend in the short-to-medium term.
$KGST Order Book Dynamics: The buy/sell ratio is nearly balanced but leans slightly toward sellers (50.88%). The "Ask" volume at 0.01135 (372,863) significantly outweighs the "Bid" volume at 0.01134 (12,286), suggesting immediate overhead resistance.
Price History: Over the last 30 days, the asset has seen a modest decline of 0.44%, reflecting a period of consolidation or slow distribution
$KGST #USJobsData #ZAMAPreTGESale