$KAIA — short setup. Profit-taking is kicking in after that massive pump.
It rallied hard toward 0.0622 and is now pulling back. Sellers are gaining momentum, and if weakness continues, the 0.0482–0.0452 support zone comes into play.
Entry: 0.0512 – 0.0522
Targets: 0.0492 / 0.0472 / 0.0452
Stop: 0.0557
One thing though — after a 39% surge, volatility is still elevated. Wait for bearish confirmation before entering. Don't just short a pullback and assume it keeps going. This thing can still rip back up on you.#Kaia #ZcashTargetsJanuaryForQuantumResistantPayments
It rallied hard toward 0.0622 and is now pulling back. Sellers are gaining momentum, and if weakness continues, the 0.0482–0.0452 support zone comes into play.
Entry: 0.0512 – 0.0522
Targets: 0.0492 / 0.0472 / 0.0452
Stop: 0.0557
One thing though — after a 39% surge, volatility is still elevated. Wait for bearish confirmation before entering. Don't just short a pullback and assume it keeps going. This thing can still rip back up on you.#Kaia #ZcashTargetsJanuaryForQuantumResistantPayments