KAS appears to be recovering nicely, suggesting that the selling pressure has subsided, and buyers are stepping back in. Buying on SPOT here could potentially benefit good gains over the medium term.
Profit Targets:
First Target: 0.125 (immediate resistance).
Second Target: 0.15 (psychological resistance and potential area for profit-taking).
Third Target: 0.20 (long-term resistance if the bullish trend continues).
Stop-Loss Area: Place a stop-loss just below the key support level at 0.077 to limit downside risk. This ensures that if the recovery fails, losses are minimized.
Cheers!
Profit Targets:
First Target: 0.125 (immediate resistance).
Second Target: 0.15 (psychological resistance and potential area for profit-taking).
Third Target: 0.20 (long-term resistance if the bullish trend continues).
Stop-Loss Area: Place a stop-loss just below the key support level at 0.077 to limit downside risk. This ensures that if the recovery fails, losses are minimized.
Cheers!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.