$KDA /USDT BEARISH ANALYSIS
Kadena is showing strong downside momentum as price is trading near $0.3881 (-9.09%), close to its 24h low. Sellers are in full control, indicating further potential decline if key support breaks.
Key Levels:
Resistance: $0.4200 – $0.4365
Support: $0.3870 (immediate) | $0.3650 (next major support)
Current Price: $0.3881
Trade Setup (Short):
Entry: $0.3900 – $0.3950 (on pullback)
Take Profit (TP):
TP1: $0.3750
TP2: $0.3650
TP3: $0.3500
Stop Loss (SL): $0.4100
Risk Management:
Always use strict SL, risk only 2-3% of capital per trade, and avoid over-leverage. Protect your capital first, profits will follow!
Bears are in control – trade wisely! #PowellWatch #ETHStakingExitWatch #CryptoIntegration #CryptoIntegration #Write2Earn $KDA