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$KDA - Time for Reversal or Keep Going Down?

Kadena has had a nice run in November from around $6 all the way to around $28!
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need to hold $10 support level.
Ultimately breakout of this channel and create new highs above $12.9.
For Shorts - We would like to stay under $13 resistance level
As well as Breakdown Channel under $10.25.
Let me know what you all think.
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need to hold $10 support level.
Ultimately breakout of this channel and create new highs above $12.9.
For Shorts - We would like to stay under $13 resistance level
As well as Breakdown Channel under $10.25.
Let me know what you all think.
İşlem kapandı: hedefe ulaştı
$16Not
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.