Kava potential Reversal and Target Projection
$KAVA is forming a potential #bullish reversal after completing Wave 5 within a descending channel, reaching the External Demand Zone. A rally from current levels is anticipated, with initial support at the Immediate Resistance Level.
The setup targets a short-term move to 1.10, then mid-term at 2.25, with a final breakout aimed at 4.97. The pattern suggests strong upside potential, contingent on holding support and breaking through key resistance zones. A confirmed upward break above immediate resistance will validate the bullish projection toward the final target.
FibonacciSupport and ResistanceTrend Lines
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