📌 Kava (KAVA) – Accumulating before a breakout?

$KAVA

#KAVA #Kava #DeFi

Current price: $0.4350 USD

24h: +1.18%

24h Volume: $16.5M

Market capitalization: $471.3M

Lowest of the day: $0.4222

Highest of the day: $0.4367

(coinmarketcap.com)  

🔍 Summary of multi-timeframe technical trends

• H1: Clear short-term uptrend, support at $0.42

• H4: Price increase with stable trading volume

• D1: In an accumulation phase, needs to break through the $0.45 area to confirm long-term uptrend

🎯 Short-term trading strategy

Long order:

• Entry: $0.42

• TP: $0.48

• SL: $0.40

• Probability: 70%

(Note: Increased trading volume helps reinforce the uptrend) 

Short order:

• Entry: $0.48

• TP: $0.45

• SL: $0.50

• Probability: 40%

(Note: Should only be executed when there is a clear reversal signal)  

⚠️ Quick note

• Futures trading can yield high profits but comes with significant risks. Capital management is mandatory.

✅ Conclusion

Kava is showing positive signals with increased trading volume and a clear short-term uptrend. However, it is essential to closely monitor the $0.45 area to confirm the long-term trend.$KAVA