$KDA Massive Breakdown – Bears Take Full Control!
$KDA is trading around 0.0387, down nearly -21.6% in the last 24 hours after a sharp sell-off. The token printed an intraday high of 0.0590 and a low of 0.0372, showing extreme volatility and heavy liquidation pressure.
Reason:
Selling momentum spiked after liquidity dried up near 0.05, with volume soaring to almost 200M KDA in 24h. No strong positive catalyst appeared to absorb the panic selling, leading to a cascade of stop losses being triggered.
Key Levels:
Support: 0.0370
Resistance: 0.0450
Trend: Clearly bearish, as price keeps forming lower highs and lower lows with momentum pointing downward.
Trade Idea:
If price breaks below 0.0370, expect further downside towards 0.0320–0.0300.
If price manages to hold above 0.0370 and volume returns, a relief bounce to 0.0450–0.0480 could happen.
Possible Trade: Sell on breakdown below 0.0370 with tight stop-loss above 0.0410.
(Current structure favors short setups until clear reversal signs appear.)
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