【$KAVA Signal】Pullback to add longs + 1H level retest confirmation, main force clearly intends to defend the price

$KAVA After experiencing a rally, the 1H level is currently retesting the key EMA20 (around 0.0647) for confirmation. The 4H level has stabilized above EMA20 (0.0615), indicating an overall trend shifting from weak to strong. The current 1-hour RSI has fallen from the overbought zone to a neutral area, providing room for another surge. Market depth data shows buy orders far exceed sell orders, clearly indicating main force’s intention to defend the price. Combined with negative funding rates, there is a risk of short squeeze, and the price holding firm is a sign of strength.

🎯Direction: Long

⚡Entry/Order: 0.0628 - 0.0638

🛑Stop Loss: 0.0615

🚀Target 1: 0.0665

🚀Target 2: 0.0690

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, consider holding part of the position and tracking the 4H EMA20 as a trailing stop.

(Depth Logic: Position volume remains stable during price pullbacks, with no signs of large-scale long exits, indicating good chip locking. The imbalance rate of buy depth on the 1H level is as high as 34%, with strong support below. In a negative funding rate environment, the price refusing to fall sharply is a typical sign of a short squeeze structure. Key is whether the price can stabilize within the suggested entry zone and resume volume. )

Check real-time quotes 👇 $KAVA

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