$KAIA broke below the 0.05 level. There are two possible scenarios from here:
① If the rebound fails to reclaim 0.05 → the level becomes resistance, with the 24h low of 0.0499 in sight
② If it quickly reclaims 0.05 → this move looks more like a false breakdown, and shorts could easily get squeezed
I’m paying more attention to the support on the first rebound.
#KAIA
① If the rebound fails to reclaim 0.05 → the level becomes resistance, with the 24h low of 0.0499 in sight
② If it quickly reclaims 0.05 → this move looks more like a false breakdown, and shorts could easily get squeezed
I’m paying more attention to the support on the first rebound.
#KAIA