🚀 $KDA /USDT – Bearish Rejection at Resistance! 📉
🔹 Momentum Analysis:
Kadena ($KDA) saw a rejection at $0.5367, dropping -6.64% to $0.4992, testing key support near $0.4850. Bears are controlling short-term momentum, with volume cooling off at 8.93M KDA.
📊 Long Setup:
📌 Entry Zone: $0.4850 – $0.4990
🎯 Targets:
T1: $0.5150
T2: $0.5280
T3: $0.5400
🛑 Stop Loss: $0.4790
🔥 Breakout Confirmation & Support:
✅ Breakout Level: $0.5050
🔻 Key Support: $0.4850
⚡ Pro Tip for Traders:
Watch for a potential rebound near $0.4850 if Bitcoin stabilizes. A break below may trigger a deeper correction toward $0.4700. Keep an eye on volume trends!