🔥 $KDA / USDT Rebound Potential: Buyers Show Up at Key Support! 🔁📈
Kadena ($KDA ) is currently trading at $0.5434, bouncing back after a steep decline from the $0.60+ region. The current 4H chart shows a potential reversal with a bullish engulfing candle forming around the $0.52–$0.54 support zone.
📊 Trade Setup:
Entry Range: $0.5400 – $0.5450
Take Profit Targets:
TP1: $0.5600
TP2: $0.5800
TP3: $0.6000
Stop Loss: $0.5280
This setup capitalizes on short-term overselling and increasing buy volume. If the price closes above $0.55 with confirmation, this could trigger a mini relief rally.
📌 Pro Tip: Watch volume and RSI — a break above $0.5536 (24H high) could ignite a fresh leg up.
