๐ Key Insights:
Consolidation Phase: KAS has been consolidating above $0.12, indicating a potential bottom formation.
Higher Low Formation: Setting a higher low at $0.127 suggests a positive trend continuation.
Trend Continuation: Expectations of a trend continuation to all-time highs (ATHs) if price gains acceptance above $0.16.
Position Building Strategy: Watch for indications of a trend shift and build positions on higher lows.
๐ Trade Plan:
Entry: Initiate trades between $0.13 to $0.14500, focusing on higher lows.
Take Profit: Target take-profit levels around $0.25 or $0.35, aiming for potential upside.
Stop Loss: Set stop loss if price loses support at $0.12, managing downside risk.
๐๐ Outlook: With a strategic entry approach and potential for trend continuation, KAS presents an opportunity for traders to capitalize on the anticipated price movement. ๐๐ #KAS #TradeOpportunity
Consolidation Phase: KAS has been consolidating above $0.12, indicating a potential bottom formation.
Higher Low Formation: Setting a higher low at $0.127 suggests a positive trend continuation.
Trend Continuation: Expectations of a trend continuation to all-time highs (ATHs) if price gains acceptance above $0.16.
Position Building Strategy: Watch for indications of a trend shift and build positions on higher lows.
๐ Trade Plan:
Entry: Initiate trades between $0.13 to $0.14500, focusing on higher lows.
Take Profit: Target take-profit levels around $0.25 or $0.35, aiming for potential upside.
Stop Loss: Set stop loss if price loses support at $0.12, managing downside risk.
๐๐ Outlook: With a strategic entry approach and potential for trend continuation, KAS presents an opportunity for traders to capitalize on the anticipated price movement. ๐๐ #KAS #TradeOpportunity