That 0.00603 pivot just held while the 4‑hour candles screamed red – a silent alarm you’d miss if you weren’t watching the tape.
Price is hugging the ~0.00603 zone, but EMA7 sits well under EMA25 and RSI is stuck in the low‑20s, whispering that the upside is already priced in. Yet the unfilled bearish gap at $0.0095‑$0.0094 and a shrinking ATR (average true range) tell a different story: sellers are still hunting liquidity.
On the 4‑hour frame the key battle is between the ~0.00603 support and the ~0.00633 invalidation line. Lose the ~0.00633 area on a 4‑hour close and the bearish case collapses; hold it and the price could drift toward the ~0.00549 objective zone.
My read: the chart is leaning down‑side, and the real risk is a break above the ~0.00633 barrier.
Tap $KDA to pull up the chart and see these levels yourself. Follow me for the next update when the price tests that boundary. What level are you watching on $KDA? 👇
⚠️ Not financial advice. DYOR.
#KDA #Kadena #Crypto #BinanceSquare
Price is hugging the ~0.00603 zone, but EMA7 sits well under EMA25 and RSI is stuck in the low‑20s, whispering that the upside is already priced in. Yet the unfilled bearish gap at $0.0095‑$0.0094 and a shrinking ATR (average true range) tell a different story: sellers are still hunting liquidity.
On the 4‑hour frame the key battle is between the ~0.00603 support and the ~0.00633 invalidation line. Lose the ~0.00633 area on a 4‑hour close and the bearish case collapses; hold it and the price could drift toward the ~0.00549 objective zone.
My read: the chart is leaning down‑side, and the real risk is a break above the ~0.00633 barrier.
Tap $KDA to pull up the chart and see these levels yourself. Follow me for the next update when the price tests that boundary. What level are you watching on $KDA? 👇
⚠️ Not financial advice. DYOR.
#KDA #Kadena #Crypto #BinanceSquare