Technical CRYPTO Analyst

#KAVA 🔴 is currently compressed within a falling wedge pattern, building up momentum for a potential bullish breakout.

If the bulls muster enough strength, we could see KAVAUSDT break free from this formation, potentially igniting a powerful bullish wave. The price may surge toward the internal resistance zone around $0.388 if this trend continues. We might even see momentum push toward a major resistance level if momentum persists!

But caution is essential. If the bulls can’t deliver the necessary momentum, we might see KAVA slipping toward the lower support zone at $0.23–$0.25 as it hunts for liquidity.

If this critical support zone also fails, bearish pressure could increase, leading to a further decline.

Please open Telegram to view this post

VIEW IN TELEGRAM

👍753❤591🔥552👌374💯26329

www.tgoop.com/TechCryptoAnalyst/12085

48.1K viewsSep 17, 2024 at 06:27

#KAVA 🔴 is currently compressed within a falling wedge pattern, building up momentum for a potential bullish breakout.

If the bulls muster enough strength, we could see KAVAUSDT break free from this formation, potentially igniting a powerful bullish wave. The price may surge toward the internal resistance zone around $0.388 if this trend continues. We might even see momentum push toward a major resistance level if momentum persists!

But caution is essential. If the bulls can’t deliver the necessary momentum, we might see KAVA slipping toward the lower support zone at $0.23–$0.25 as it hunts for liquidity.

If this critical support zone also fails, bearish pressure could increase, leading to a further decline.