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$KAS /USDT Technical Breakdown
The price is currently 0.03903, trading below major moving averages (MA5, MA10, and MA30), which signal persistent bearish momentum.
Immediate Resistance:
The first major hurdle is at 0.04076. A break above this, followed by the 0.0425 level, is necessary to shift the short-term trend.
Key Support: The recent low of 0.03875 acts as critical immediate support.
If this fails, the next major floor is anticipated at 0.0361.
Outlook: With the RSI approaching oversold territory (near 34.57) and MACD remains negative, a short-term relief bounce is possible. However, until KAS closes above the 0.041 pivot, the bias remains toward further consolidation or downside testing.
#MiddleEastTensionsEscalate