KAVA/USDT Break and Bullish Momentum ??? KAVA Analysis Today
Updated
💎 KAVA has undoubtedly captured the market's attention. Presently, KAVA has broken out of the Descending channel and has entered a confirmed retesting phase. Observations indicate that after its retest on the resistance trendline of the channel, KAVA experienced a sharp upward trajectory, potentially aiming for the resistance zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
Trade closed: target reached
Nailed it again - #KAVA is up 24.29%, right on cue!
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