I’m opening the chart $KAIA and noticing that this move is quite intense. The price is sticking closely to the resistance zone 0.03884, with a 15.05% increase over the past 24 hours. What caught my attention is that RSI 14 has surged to 93.7, and open interest has risen sharply by 31.46% within just 1 hour along with trading volume jumping nearly 690%. The buy-side force from takers is quite overwhelming, with a buy/sell ratio of 1.556. Although the small timeframe trend is bullish, with RSI this extremely high and the price currently pressing against resistance, I’m not in a rush to FOMO into chasing the price—I’m going to stand aside and watch how it reacts in this area first.

#KAIA #KAIAUSDT #BinanceSquare

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