Here’s the technical analysis and trade signal for $KDA

/USDT:

Technical Analysis:

Current Price: $0.6254

Trend: Bullish with a +12.04% increase in the last 24 hours.

Support: $0.5494 (24h Low)

Resistance: $0.6284 (24h High), $0.6324 (Next Resistance)

Volume: 8.42M KDA traded, indicating strong market interest.

RSI: Neutral to bullish, indicating potential for continued upward movement.

Trade Signal:

Buy Signal: Enter near support at $0.6150 or on a breakout above $0.6284.

Target Levels:

Target 1: $0.6284 (Resistance Level)

Target 2: $0.6324 (Next Resistance)

Target 3: $0.6500 (Extended Bullish Target)

Trade Momentum:

Momentum: Strong bullish trend, supported by volume. Watch for further breakouts above key resistance levels.

Stop Loss: Place stop around $0.5802 to manage downside risk.

The market is showing bullish momentum, with a potential continuation if resistance levels are broken.

#TrumptaxCuts #SaylorBTCPurchase #xrpetf #BinanceAlphaPoints #BinanceHODLerSIGN