$KAVA #KAVA 🚀
Direction: LONG
Entry zone: 0.0682 to 0.0688
Stop loss: 0.0675
Target 1: 0.0695
Target 2: 0.0705
Kava is trading near 0.0686 dollars, up 0.05 percent in 24 hours and up 0.97 percent in seven days, inside a tight range of 0.067622 to 0.068779 dollars, and the recent closes show buyers holding the level, 0.0686, then 0.068665, then 0.06864, then 0.068637, then 0.068602. 🟢 My reading is that KAVA is the relative strength play in a red market, because it is almost flat while Bitcoin is down 4.34 percent, Solana is down 4.35 percent and Dogecoin is down 4.15 percent, and a flat coin in a falling market is usually the first one buyers pick up. A long from the current zone, with a stop below 0.0675, targets 0.0695 first and then 0.0705 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does KAVA break 0.0695 first, or lose 0.0675 first? 🤔
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#Kava #Crypto #FuturesTrading #TradingSignals