$KAIA preparing to continue its rise? Let’s look at the key zone.
My area of interest is 0.05419–0.05021.
This is exactly where I’ll be looking for signs of buyers returning: liquidity sweep, bullish engulfing, or a reversal on the lower timeframe.
If the zone holds, the targets are at:
0.06265 → 0.06432 → 0.06971.
If the hourly candle closes below 0.04969, the bullish scenario will be invalidated.
There is potential for a short squeeze, but funding alone is not enough for confirmation.
I’m not chasing price. I’m waiting for the market to show where buyers are ready to defend the level.
My area of interest is 0.05419–0.05021.
This is exactly where I’ll be looking for signs of buyers returning: liquidity sweep, bullish engulfing, or a reversal on the lower timeframe.
If the zone holds, the targets are at:
0.06265 → 0.06432 → 0.06971.
If the hourly candle closes below 0.04969, the bullish scenario will be invalidated.
There is potential for a short squeeze, but funding alone is not enough for confirmation.
I’m not chasing price. I’m waiting for the market to show where buyers are ready to defend the level.