$KDA
– Continuous upward trend with new local peaks
$KDA steadily rising with an increase of 15.03%, reaching a new peak within 24 hours at $0.5483 after bouncing from the level of $0.4750. The volume is strong, and the price movement indicates a continuous upward trend.
Setting up a long position:
Entry area: $0.5370 – $0.5470
Target 1: $0.5640
Target 2: $0.5820
Final target: $0.6050
Stop loss: $0.5190
The momentum is clearly in favor of the bulls. A clean break above $0.5485 could fuel the next rise.
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