đŸ”„ Kaspa #KAS is under heavy selling pressure! Down -10.10% in 24h, it's testing key support. Will KAS rebound from oversold levels or continue its decline? Let’s break it down! 👇

🔍 Market Sentiment:

đŸŸ„ Bearish, But Oversold!

KAS is experiencing strong selling pressure, but oversold indicators suggest a possible reversal:

▫ RSI(14): 23.46 → Extreme oversold conditions

▫ CCI: Negative momentum confirming weakness

▫ Lower Bollinger Band: $0.0632 → Current support zone

▫ SMA(50): $0.0697 → Potential upside target

💡 Key Takeaway?

A rebound from $0.0632 could push KAS to $0.0697 - $0.0744, but if selling persists, lower levels may be tested.

🎯 Trading Idea:

Mean-Reversion Setup

đŸŸ© Potential Long Entry (Oversold Reversal Play)

đŸ”č Buy Zone: $0.0630 - $0.0635 (Near lower Bollinger Band support)

đŸ”č Stop-Loss: $0.0625 (Below recent lows for risk management)

đŸ”č Take Profit: $0.0697 - $0.0744 (Targeting SMA(50) and upper Bollinger Band)

đŸ”č Risk-Reward Ratio: 1:3

đŸŸ© Confirmation Before Entering:

▫ RSI rising above 30 → Early recovery signal

▫ Increasing volume on bullish candles

▫ MACD crossover or ADX showing trend shift

đŸŸ„ Potential Short Entry (Continuation Play)

đŸ”č Sell Zone: $0.068 - $0.070 (If price rejects SMA(50))

đŸ”č Stop-Loss: $0.072 (Above resistance level)

đŸ”č Take Profit: $0.063 - $0.061 (Retest of support)

đŸ”č Risk-Reward Ratio: 1:3

đŸŸ„ Confirmation Before Shorting:

▫ Rejection from SMA(50) ($0.0697+)

▫ Weak volume on bounce attempts

▫ RSI failing to stay above 30

📊 Key Metrics:

💰 Price: $0.0634

⚖ H/L: $0.0723 | $0.0632

📉 1H Change: -2.22%

☠ 24H Change: -10.10%

☠ 7D Change: -21.66%

☠ 30D Change: -29.72%

⛰ ATH: $0.207 (-69.31%)

📊 24H Volume: $56.77M

💎 Market Cap: $1.64B

💡 Final Thoughts:

$KAS is at a critical level—will buyers step in for a bounce, or will selling continue? A push above $0.0697 could fuel upside, while failure to hold support at $0.0632 may lead to further declines.

📱 What’s your move on $KAS? Bounce or breakdown? Drop your thoughts below! 👇

đŸȘ§ VOTE NOW!

▫ 🚀 LIKE if you’re BUYING THE DIP!

▫ 📉 COMMENT “FAKEOUT” if you think it’s a bull trap!

▫ 🔁 SHARE to see what the community thinks!

#KAS

KAS
KASUSDT
0.03078
-0.90%