$KDA - Current Price $0.47 ⛓️
Critical Levels 🎯
🛑 Strong Resistance: $0.58 (Key breakout level)
⚡ Medium Resistance: $0.68 (Next target)
🛡️ Immediate Support: $0.40 (Psychological support)
🚨 Critical Support: $0.32 (Strong support zone)
Detailed Chart 📈
text
$0.75 ┤⠀⠀⠀⠀⠀⠀⠀⠀✨╭─╮
$0.68 ┤⠀⠀⠀⠀⠀⠀🚀╭────╯ ╰─ 🔴 R2
$0.58 ┤⠀⠀⠀⠀🎯╭─────╯────────── 🔴 R1
$0.47 ┤📊┬┬┬┬┬┬┬┬┬─●───────────────── 🟢 Current Price
$0.40 ┤⠀⠀🛡️╭────╯───────────────── 🟢 S1
$0.32 ┤🛑───╯─────────────────────── 🟢 S2
$0.25 ┤────────────────────────────
Detailed Outlook 🔮
📈 Bullish Scenario:
✅ Needs sustained move above $0.58
🎯 Breakout target: First $0.68, then $0.80
⏰ Daily close above $0.58 confirms bullish momentum
📉 Bearish Scenario:
⚠️ Loss of $0.40 signals significant correction
🎯 Next target: $0.32 support zone
🔻 Break below $0.32 could test $0.25
Technical Indicators 📊
📊 Volume: Requires strong volume for breakout confirmation 📈
📟 RSI: Currently at 45 (neutral with bearish bias) ↘️
📉 Moving Averages: 50-EMA at $0.49 acting as resistance
Trading Advice 💡
⏳ Wait for clear breakout above $0.58 or breakdown below $0.40
🛡️ Use stop-loss at $0.38 for long positions
💰 Take partial profits near $0.68 if bullish momentum continues
Important Note ⚠️: Kadena trading below key moving averages. Watch for Layer-1 sector momentum and platform development updates. Break above $0.58 needed for trend reversal. 🔍
#kadena $KDA #TRYHARED @Tryhared