Kadena (KDA) Showing Signs of Reversal ๐๐*
This is a *1D KDA/USDT chart on KuCoin*
๐ After a consistent downtrend, price is now *flattening out near 0.38*
๐ EMA 150 (red line) still overhead โ trend is bearish, but weakening
*Current price:*0.3808
*Support zone:* Around *0.3232* ๐ก๏ธ
*Resistance/Target zone:* First at *0.4219*, then possible upside toward *0.50+* ๐ฏ
Signals:
โ Bottoming structure forming
โ Sideways action = accumulation
โ Risk-to-reward looks strong for a short-term bounce
โ ๏ธ Needs breakout above the EMA for confirmation
*Prediction:*
If KDA holds above0.36 and flips 0.42 resistance, next leg could push toward *0.50โ0.56* ๐
Breakdown below0.3232 = setup invalid โ
*Smart move?*
Set tight stop, ride momentum. Altcoins move fast when trend flips! ๐ฅ
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