Attention: KAVA traders
I’m sharing charts on both daily and hourly timeframes.
• Daily TF: We’ve cleared the nearest upside liquidations and saw a strong bearish reaction.
• Hourly TF: Price action is visibly weak — no signs of sustained strength. This suggests continuation downward, likely to target the lower purple zone, where more liquidity sits.
My take:
A careful short entry could be considered here. Position sizing should be conservative — risk what feels appropriate.
A wider stop is valid in this case — even if price wicks from manipulation, I believe KAVA will head lower post-liquidity sweep.
I’d rate the probability of success above average, assuming no major shifts in the current structure.
Short setup looks viable. Watch for confirmation and manage risk accordingly.