@kava #KavaBNBChainSummer $KAVA
📊 KAVAUSDT 1D Analysis
The chart is forming a narrowing triangle 🔻, the price is moving between support and resistance lines, narrowing the range. MA7/25/99 remains above the current price, confirming bearish pressure 📉. Ichimoku shows resistance above ☁️, SAR 🔴 signals a continuing downward momentum.
Levels: Support – $0.368 – $0.350 Resistance – $0.393 – $0.398
Breaking the boundaries of the triangle 🚀/📉 will determine the further trend.
🌐 Fundamental: Kava – Layer-1 blockchain combining the power of Ethereum and the speed of Cosmos. The network offers high scalability, DeFi support, and cross-chain interaction, attracting developers and institutional players.
🔮 Conclusion: Technically, the asset is consolidating, the fundamental indicates long-term potential 📈