$KDA KDA/USDT: Blood in the Streets – Time to Buy or Bail?
KDA's getting wrecked today (-9.82% at $0.5889) as Layer 1 coins get dumped across the board. The breakdown below all key MAs (7/25/99-day) screams "risk off" – but is this capitulation or opportunity?
**Why This Hurts:**
- Bitcoin dominance crushing alts (macro pain)
- KDA's 24h volume spike ($10.89M USDT) shows panic selling
- Meme potential: "KDA = Keep Dumping Always" trending (ouch)
**Make-or-Break Levels:**
- **Support:** 0.5555 (daily low) → break = 0.50 incoming
- **Resistance:** 0.5913 (MA7) → reclaim this for hope
**Oversold Bounce Coming?**
- RSI(6) at 41.5 (not oversold yet)
- MACD still negative (-0.0003) but DIF/DEA narrowing
**Prediction:**
If BTC stabilizes, KDA could bounce to 0.60. But if 0.5555 breaks, we're testing 0.50 FAST.
**Trade Like a Pro:**
- **Degens:** Scale-in buys at 0.56/0.55 (high risk)
- **Swing traders:** Wait for MACD flip + close above MA7
- **Set stops:** Below 0.555 or above 0.591
This ain't for the faint-hearted. Trade small or watch.
