🚨 $KAVA /USDT – Testing Resistance After a Sharp Rebound 🔄
KAVA has bounced strongly from the local bottom at $0.4008 and is now trading around $0.4228. The price is testing the MA(25), but remains below MA(99), indicating early signs of potential reversal — but not full confirmation yet.
🔍 Technical Analysis
• MA Structure: Currently above MA(7) = $0.4195 and MA(25) = $0.4233. Still under MA(99) = $0.4292 — a critical level for breakout.
• Support Zone: $0.4100 – $0.4140 acting as short-term base.
• Resistance Zone: Major hurdle between $0.4290 – $0.4370.
• Volume Check: Modest increase in buy volume — bullish continuation possible with further momentum.
🎯 Trading Plan
🟢 Bullish Setup (Short-Term)
• Entry: $0.4200 – $0.4250
• TP1: $0.4320
• TP2: $0.4400
• SL: $0.4120
🔴 Cautious Bearish Pullback
• Entry: $0.4280 – $0.4320 (near resistance rejection)
• TP1: $0.4160
• TP2: $0.4080
• SL: $0.4370
📌 Note: Break above MA(99) with strong volume can flip short-term bias to bullish. Until then, trade within the range with discipline and tight stop-losses.
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