📊 Kaspa (KAS) Price Action: Range, Retest, and Potential Target

Kaspa (KAS) is observed to be holding a tight range, presenting potential trading opportunities with key levels and profit-taking considerations.

Key Insights:

Tight Range Holding: KAS is holding a tight range, indicating a consolidation phase in its price action.

Retest Opportunity: Consideration for a long position is noted on a retest of the $0.11 region, with a suggested tight stop slightly below at $0.103.

Potential Upside Target: A bounce from the retest level could lead to a potential move up to the Fib level at $0.20, identified as a profit-taking zone.

Long-Term Hold Option: For those seeking a long-term hold, riding the momentum with expectations of higher returns in the coming months is suggested.