$KAIA has risen more than 60% in just a few hours, with volume 11 times the 20-session average.
For several weeks, $KAIA traded around $0.0372–$0.039, touching the range repeatedly without going anywhere. At exactly 3 p.m. today, the price surged from $0.0379 to a peak of $0.0625 in about two hours, while the volume on a single 15-minute candle came in more than 80 times higher than usual.
The price has now pulled back to around $0.0616, still holding above the entire previous consolidation range. The $0.0625 level is the nearest resistance—the point where selling pressure just halted the rally.
Below, the $0.0372–$0.039 range now serves as support; it held the price for several weeks before the breakout. A break below this range would mean giving back the entire gain.
Personal observation, not investment advice
#KAIA #Altcoin #Crypto #CryptoNews
For several weeks, $KAIA traded around $0.0372–$0.039, touching the range repeatedly without going anywhere. At exactly 3 p.m. today, the price surged from $0.0379 to a peak of $0.0625 in about two hours, while the volume on a single 15-minute candle came in more than 80 times higher than usual.
The price has now pulled back to around $0.0616, still holding above the entire previous consolidation range. The $0.0625 level is the nearest resistance—the point where selling pressure just halted the rally.
Below, the $0.0372–$0.039 range now serves as support; it held the price for several weeks before the breakout. A break below this range would mean giving back the entire gain.
Personal observation, not investment advice
#KAIA #Altcoin #Crypto #CryptoNews