$KAIA Building a Strong Base: Breakout Potential Unfolding?
$KAIA is steadily grinding upward, forming a solid base between $0.1161 and $0.1210. With price stabilizing around $0.1197 and the MACD showing signs of flattening, a momentum shift could be on the horizon.
Technical Analysis
The chart indicates:
- A steady upward trend, suggesting growing buying interest
- Early MACD flattening, hinting at a potential momentum shift
- Price consolidating around $0.1197, setting up for a potential breakout
Long Trade Setup
For traders looking to capitalize on a potential breakout, here's a long trade setup:
- Entry Zone: $0.1185 – $0.1205
- Take Profit Targets:
- TP1: $0.1240
- TP2: $0.1290
- Final Target (TP3): $0.1350
- Stop-Loss: Below $0.1160
Key Insight
Consolidation is tightening, and buyers are gradually absorbing supply. A breakout above $0.1210 could bring in fresh momentum. Traders should watch volume for confirmation of the breakout.
BUY AND TRADE $KAIA