$KAVA on the 1-hour chart is showing some concerning signs for bullish traders.
After a period of sideways movement, we're seeing a clear downward trend developing, with the price currently around $0.460.
The inability to hold above previous support levels suggests continued selling pressure.
If this continues, we could see a move towards the recent low around $0.446.
Increased selling volume on red candles would further support this bearish outlook.
Traders might look for a break below the $0.460 level as a confirmation for potential further downside.
Trade carefully!