$KAVA /USDT – BEARS TIGHTEN GRIP AS PRICE BREAKS SUPPORT ZONE!
Immediate Market Move Explanation:
KAVA/USDT has shown clear bearish momentum after failing to hold the $0.4091 support, now turning it into resistance. The price tested a low of $0.3974 in the past 24 hours, forming a lower high and lower low pattern, confirming downside pressure. With decreasing volume and a series of failed recoveries, bears are likely to push the price toward deeper support levels unless bulls step in decisively.
Trade Setup:
Short Entry: $0.4090 - $0.4110
Take Profit (TP): $0.4000 / $0.3920
Stop Loss (SL): $0.4155
Market Outlook:
Unless KAVA reclaims the $0.4140 level with strong volume, short-term bias remains bearish. Consolidation near current lows suggests further downside is likely. Keep an eye on the $0.3970 level – a breakdown could trigger another leg down toward $0.3900. A bullish reversal will require a clear break and hold above $0.4150 with rising volume.
#KAVA #Altcoins #TechnicalAnalysis #BearishTrend
buy and trade here on $KAVA