$KDA – BEARISH MOVE AHEAD 🚨📉
Kadena ($KDA ) is showing signs of bearish pressure as price action struggles below key resistance levels, with increasing selling volume. A breakdown looks likely unless bulls step in fast!
🔍 CURRENT PRICE: $0.4070
📊 TREND: Bearish on lower timeframes (1H/4H)
📉 KEY LEVELS TO WATCH:
🔼 Resistance Zones:
$0.4150 – Immediate resistance
$0.4329 – 24h High / Major resistance
🔽 Support Zones:
$0.3949 – Immediate support
$0.3800 – Next key support if breakdown continues
🚨 TRADE SETUP (SHORT ENTRY):
Entry: $0.4070–0.4100
Stop Loss (SL): $0.4170 above resistance
Take Profit (TP):
🎯 TP1: $0.3940
🎯 TP2: $0.3800
Risk/Reward Ratio: ~2.5+
🛡️ RISK MANAGEMENT:
Risk 1-2% of total capital. Stick to the stop loss! Avoid revenge trading if SL hits.
💡Wait for confirmation on breakdown below $0.4000 before entering aggressively.
📉 Bearish momentum is gaining traction – trade wisely!
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