$KAS #KAS 📉
Direction: SHORT 📉
Entry zone: 0.0321 to 0.0322
Stop loss: 0.0326
Target 1: 0.0315
Target 2: 0.0310
Kaspa is trading near 0.0321 dollars, down 3.98 percent in 24 hours, inside a range of 0.0321 to 0.0333. My reading is that sellers are pressing the range low, because the recent closes drifted down without a fight, 0.0324, then 0.0324, then 0.0324, then 0.0321, which is a slow grind lower, not buyers stepping in with size. 📉 A short from the current zone, with a stop above 0.0326, targets 0.0315 first and then 0.0310 if selling continues. A recovery above 0.0326 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Kaspa fall to 0.0315 first, or recover above 0.0326? 🤔
Follow for more trades.
#Kaspa #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 0.0321 to 0.0322
Stop loss: 0.0326
Target 1: 0.0315
Target 2: 0.0310
Kaspa is trading near 0.0321 dollars, down 3.98 percent in 24 hours, inside a range of 0.0321 to 0.0333. My reading is that sellers are pressing the range low, because the recent closes drifted down without a fight, 0.0324, then 0.0324, then 0.0324, then 0.0321, which is a slow grind lower, not buyers stepping in with size. 📉 A short from the current zone, with a stop above 0.0326, targets 0.0315 first and then 0.0310 if selling continues. A recovery above 0.0326 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Kaspa fall to 0.0315 first, or recover above 0.0326? 🤔
Follow for more trades.
#Kaspa #Crypto #FuturesTrading #TradingSignals
