$KDA /USDT – Oversold Zone, Potential Technical Rebound Ahead! šŸš€

Price: 0.0608 USDT

Change (24h): -10.59%

Market Value: Rs 17.17

Category: Layer 1 / Layer

Info

Kadena (KDA) shows heavy sell pressure after breaking the 0.0650 support zone, now consolidating near its local low. Traders are watching for a short-term rebound opportunity if volume builds around the 0.058–0.060 support region.

Trading Data

24h High: 0.0795

24h Low: 0.0547

24h Volume (KDA): 371.30 M

24h Volume (USDT): 23.28 M

Timeframes: 15 m | 1 h | 4 h | 1 D

Square

Price has fallen back to a strong demand area, forming a short-term accumulation base. If bulls defend 0.0580 successfully, expect momentum toward 0.0650 and 0.0720.

Trade-x

Long Setup:

Entry Zone: 0.0580 – 0.0610

Targets:

T1: 0.0650

T2: 0.0720

T3: 0.0795

Stop Loss: 0.0540

Breakout Confirmation Level: 0.0660

Key Support: 0.0580

Pro Tip for Traders šŸ’”

Watch the 1H RSI — if it flips above 40, it could signal momentum recovery. Keep entries tight near support; volatility is likely before a clean reversal.

#KDA #USDT #CryptoTrading #Layer1 #Altcoins