$KAS #KAS 📉
Direction: SHORT
Entry zone: 0.0314 to 0.0315
Stop loss: 0.0319
Target 1: 0.0308
Target 2: 0.0304
Kaspa is trading near 0.0315 dollars, inside a range of 0.0314 to 0.0327, and the recent hourly closes show a drift that never bounced, 0.0318, then 0.0316, then 0.0316, then 0.0316, then 0.0315. 🔴 My reading is that KAS is pinned to its 24 hour low while the whole market cools, because buyers are not stepping in even after Bitcoin reclaimed 80,000 earlier in the day, and that kind of stillness usually breaks down before it breaks up. A short from the current zone, with a stop above 0.0319, targets 0.0308 first and then 0.0304 if sellers push through the range low. A rise above 0.0319 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 0.0308 first, or rise above 0.0319? 🤔
Follow for more trades.
#Kaspa #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0314 to 0.0315
Stop loss: 0.0319
Target 1: 0.0308
Target 2: 0.0304
Kaspa is trading near 0.0315 dollars, inside a range of 0.0314 to 0.0327, and the recent hourly closes show a drift that never bounced, 0.0318, then 0.0316, then 0.0316, then 0.0316, then 0.0315. 🔴 My reading is that KAS is pinned to its 24 hour low while the whole market cools, because buyers are not stepping in even after Bitcoin reclaimed 80,000 earlier in the day, and that kind of stillness usually breaks down before it breaks up. A short from the current zone, with a stop above 0.0319, targets 0.0308 first and then 0.0304 if sellers push through the range low. A rise above 0.0319 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 0.0308 first, or rise above 0.0319? 🤔
Follow for more trades.
#Kaspa #Crypto #FuturesTrading #TradingSignals
