$KAVA /USDT BEARISH BREAKDOWN: PRICE LOSES MOMENTUM BELOW KEY RESISTANCE!
Immediate Market Move:
KAVA/USDT is showing bearish pressure after failing to hold above the key resistance zone near $0.4120. The price has declined to $0.4085, down -0.22% on the day, and with a 24h low of $0.3973, sellers are gaining control. Weak volume support and repeated rejections near $0.4140 signal limited upside for now. A break below $0.3970 could accelerate the downside move.
🔻 Trade Setup: SHORT Entry
Entry: $0.4060 – $0.4080
Targets (TP):
TP1: $0.3970
TP2: $0.3870
Stop Loss (SL): $0.4150
📉 Market Outlook:
With declining momentum and weak buying interest, the market leans bearish in the short term. If volume stays low and resistance holds at $0.4140, expect further retracement toward recent lows. However, watch for any bullish reversal signals near $0.3870 for possible trend shift.
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