đ $KAS is showing a potential technical setup!
KAS/USDT on the 1M timeframe is testing lower range boundaries and forming a strong recovery structure after a corrective phase.
đ The Technical Setup:
⢠The Pattern: Macro Trend Reversal / Accumulation Range
⢠Short-term Target: 0.15000
⢠Macro Objective: 0.21000
⢠Market Structure: Reversal from support zone with potential breakout setup
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.03000 - 0.04000
⢠Resistance: 0.08000 - 0.10000
⢠Breakout Level: 0.07000
⢠Stop Loss / Invalidation: 0.03000
đ Confirmation:
⢠Volume: Neutral/standard volume visible on higher timeframe candles
⢠Momentum: Bullish recovery candle forming from macro support region
⢠Trend: Attempting a macro trend reversal following a prolonged correction
â ď¸ Invalidation:
A monthly close below the 0.03000 support level would invalidate this setup.
Price is showing early signs of a bullish reversal after testing the lower support bounds. Patience is required for confirmation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#KAS #crypto #BinanceSquare #Binance #altcoins
KAS/USDT on the 1M timeframe is testing lower range boundaries and forming a strong recovery structure after a corrective phase.
đ The Technical Setup:
⢠The Pattern: Macro Trend Reversal / Accumulation Range
⢠Short-term Target: 0.15000
⢠Macro Objective: 0.21000
⢠Market Structure: Reversal from support zone with potential breakout setup
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.03000 - 0.04000
⢠Resistance: 0.08000 - 0.10000
⢠Breakout Level: 0.07000
⢠Stop Loss / Invalidation: 0.03000
đ Confirmation:
⢠Volume: Neutral/standard volume visible on higher timeframe candles
⢠Momentum: Bullish recovery candle forming from macro support region
⢠Trend: Attempting a macro trend reversal following a prolonged correction
â ď¸ Invalidation:
A monthly close below the 0.03000 support level would invalidate this setup.
Price is showing early signs of a bullish reversal after testing the lower support bounds. Patience is required for confirmation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#KAS #crypto #BinanceSquare #Binance #altcoins
