0.03976 and -41.769% 24h: a six-hour washout for
$KAVA left price well under EMA20/EMA50 on the 1h chart.
RSI 14.13 and negative MACD on completed 1h candles show heavy bearish momentum; volRatio 67.03 signals large relative volume. Support sits at 0.03355, resistance at 0.06874.
Plan tilts SHORT with a limit entry at 0.04083, SL invalidation at 0.05152 and targets to 0.03014/0.01945/0.00876.
Does a decisive break below 0.03355 on volume above the 24h volume 11935616 confirm the short setup?
🔴 SHORT PLAN
▫️ Entry 0.04083
▫️ TP1 0.03014
▫️ TP2 0.01945
▫️ TP3 0.00876
🛑 SL 0.05152
Not financial advice.
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