$KAS Analysis: Bulls Hit a Wall at $0.046
Kaspa ($KAS) recently showed some life with a quick bounce from the 0.0433 support level, but the excitement was short-lived. The price faced a heavy rejection near the 0.0460–0.0462 resistance zone, signaling that sellers are still very much in control of the upper range.
Currently, the price action feels heavy. Without enough buying momentum to flip the 0.0452–0.0455 area into support, the path of least resistance remains downward. For the trend to truly shift bullish, we need to see a solid daily close above 0.0458; otherwise, these rallies are just opportunities for bears to reload.
Short-Term Setup (Scalp Idea)
Entry Zone: 0.0450 – 0.0456
Target 1: 0.0440 (Take partial profits here)
Target 2: 0.0433 (Key support level)
Invalidation (SL): 0.0463
Risk Note: Since the market is volatile, keep your leverage manageable (under 10x-20x is safer for most) and never risk more than 2-3% of your wallet on a single trade. Always move your stop loss to entry once TP 1 is hit .and move stop to entry
Short
#KAS Here 👇👇