$KAVA – SHORT OPPORTUNITY NEAR LOCAL TOP AFTER REJECTION
RALLY SLOWING. POTENTIAL LOWER HIGH.
$KAVA spiked to $0.3844 but quickly pulled back, indicating buyer exhaustion near the 24h high of $0.3858. The current price action is showing early signs of a reversal with smaller green candles and long upper wicks. If the price fails to break and hold above $0.3850, bears may step back in for a short-term pullback.
SHORT ENTRY: $0.3835
TARGETS: $0.3790 / $0.3755
STOP LOSS: $0.3865
Bearish confirmation comes with a drop below $0.3815. Caution advised if bulls flip $0.3860 into support.
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