#支撑阻力 KAS Today's bearish candle is pretty brutal
Current price: 0.0301, down 6.95% over 24 hours. A week ago, it was still around 0.0347.
The 0.0310 level was the low for the past 30 days, and it has just been decisively broken. Whether the price can reclaim it is crucial: if it does, this was a false breakdown and the price can catch its breath; if not, there are no reference points below it from the past 30 days.
Looking upward, 0.0320 is the MA7 and 0.0327 is the MA25. Both moving averages are overhead resistance. The RSI is 33.9, close to oversold territory but not below 30 yet. Rushing to buy the dip could mean catching a falling knife.
$KAS
Current price: 0.0301, down 6.95% over 24 hours. A week ago, it was still around 0.0347.
The 0.0310 level was the low for the past 30 days, and it has just been decisively broken. Whether the price can reclaim it is crucial: if it does, this was a false breakdown and the price can catch its breath; if not, there are no reference points below it from the past 30 days.
Looking upward, 0.0320 is the MA7 and 0.0327 is the MA25. Both moving averages are overhead resistance. The RSI is 33.9, close to oversold territory but not below 30 yet. Rushing to buy the dip could mean catching a falling knife.
$KAS
