$KDA /USDT - Price Weakness, Contrarian Setup Potential
Kadena (KDA) is trading near $0.38-$0.41, down ~17-19% weekly and slipping into bearish territory.
Recent daily technical ratings lean strong sell/neutral, with most key moving averages over price.
Key Levels:
Support: ~$0.37-$0.38
Resistance: ~$0.40-$0.42
Trade Setup (Bear-Biased):
•Short Zone: $0.39-$0.40
•TP1: $0.37
•TP2: $0.35
•Stop Loss: Above $0.42
Downside outlook dominates unless price reclaims $0.40+.
