Only 1 green candle in the last 48 hours – the market has turned red 11 times straight. The 4‑hour EMA7 sits at 0.0102, barely half the EMA25 at 0.0185, and RSI is stuck at 23.5, hinting at deeper pressure. Read on 👇
Price is hovering just below the 4‑hour pivot around 0.0060. While the bearish EMA spread and ultra‑low RSI suggest further downside, the unfilled bearish FVG at 0.0095‑0.0094 whispers a hidden supply pocket that could accelerate the slide.
On the 4‑hour chart the critical zone sits near 0.0060. The invalidation line sits just above at ~0.00633 – a break above would nullify the bearish case. Failing that, the price may drift toward the objective zone around 0.0055. If $KDA loses the ~0.00633 area on a 4H close, this read is off the table. Tap $KDA to pull up the chart and verify these zones yourself.
The structure points to a continued slide toward the mid‑0.005 range, with the real risk lying if the market manages to retest the ~0.00633 ceiling.
I'll break down the next move once the price tests the 0.0063 barrier, so hit follow to stay updated. How do you interpret the $KDA 4‑hour structure? 👇
⚠️ Not financial advice. DYOR.
#KDA #Kadena #Crypto #BinanceSquare
Price is hovering just below the 4‑hour pivot around 0.0060. While the bearish EMA spread and ultra‑low RSI suggest further downside, the unfilled bearish FVG at 0.0095‑0.0094 whispers a hidden supply pocket that could accelerate the slide.
On the 4‑hour chart the critical zone sits near 0.0060. The invalidation line sits just above at ~0.00633 – a break above would nullify the bearish case. Failing that, the price may drift toward the objective zone around 0.0055. If $KDA loses the ~0.00633 area on a 4H close, this read is off the table. Tap $KDA to pull up the chart and verify these zones yourself.
The structure points to a continued slide toward the mid‑0.005 range, with the real risk lying if the market manages to retest the ~0.00633 ceiling.
I'll break down the next move once the price tests the 0.0063 barrier, so hit follow to stay updated. How do you interpret the $KDA 4‑hour structure? 👇
⚠️ Not financial advice. DYOR.
#KDA #Kadena #Crypto #BinanceSquare
