$KDA /USDT – BEARISH PRESSURE BUILDING! ⚠️📉
📊 Technical Analysis (4H Chart)
Kadena ($KDA ) is currently trading at $0.3962, struggling to reclaim key resistance levels. Price action suggests bearish momentum as it faces repeated rejection from upper zones, with lower highs forming on the chart.
🔑 Key Levels:
Resistance:
🚫 $0.4055 – 24H High & immediate rejection zone
⚠️ $0.4200 – Strong resistance, trend reversal level
Support:
🧱 $0.3850 – Minor support (watch for breakdown)
🛡️ $0.3726 – 24H Low & key support
⛔ $0.3550 – Last line of defense before major drop
📉 Trade Setup (Short):
Entry: $0.3950–$0.4000 (below resistance rejection)
Targets (TP):
🎯 TP1: $0.3850
🎯 TP2: $0.3720
Stop Loss (SL):
❌ SL: $0.4080 (above 24H high)
🛡️ Risk Management:
✅ Risk only 1–2% of total capital
✅ Set SL before entry – don’t trade without it
✅ Adjust position size to account for volatility
📢 Bears are gaining control – don’t catch a falling knife! Trade with discipline & strategy! ⚔️📊
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