KAVA is currently sitting at 0.3357, showing a 3.09% drop. Despite the recent pullback, we’ve seen strong support at 0.3269, which aligns with the 24-hour low. This could be a solid level for a potential bounce, especially as the price holds above this support.

Technical Highlights:

  • Support at 0.3269: This is a critical level to watch. If it holds, we may see a rebound toward the resistance zone.

  • MACD: The MACD is showing convergence, suggesting that bullish momentum could pick up if buying pressure increases.

  • Resistance at 0.3458: Watch for price action at this level for possible upside.

Conclusion:

If the support at 0.3269 holds, KAVA could see a short-term bounce back toward the resistance at 0.3458. Keep an eye on these levels for potential breakout opportunities.

#KavaBNBChainSummer | @kava | $KAVA