$KUAISHOU Technology (1024.HK) closed around HK$41.54 on Aug. 12, down 2.58%. The stock is close to its 52-week low of HK$39.72, showing that bears remain in control.$KUAISHOU

📊 Technical view
Trend: 🔴 Bearish

Immediate support: HK$41.0–39.7

Major support: HK$38–40

Resistance: HK$44.0–45.5

Stronger resistance: HK$50–52

Bullish trigger: Sustained break above HK$45.5, preferably with strong volume.

Bearish trigger: Break below HK$39.7 could open further downside.

🎯 Short-term outlook
As long as price remains below HK$44–45.5, rallies look more like relief bounces than a confirmed reversal. A reclaim of HK$45.5 would improve the setup, while losing HK$39.7 would strengthen the bearish case.

Kuaishou also has a major fundamental catalyst around its Kling AI business: Alibaba and Tencent participated in a funding round valuing Kling AI at about $15 billion pre-money.

Bias: 🔴 Bearish / wait for reversal confirmation

Note: If by “KuaishouUSDT” you mean a specific crypto/tokenized Kuaishou pair on an exchange, send me the exchange name or ticker and I can analyze that exact chart.

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$KUAISHOU