Technical analysis by shyamnair about Symbol KAVA: Buy recommendation (12/4/2024)

KAVAUSDT is presenting a compelling opportunity for long-term accumulation and distribution. With an entry price range between $0.65 to $0.4 and a target price of $5, this strategy aims for substantial returns over time.Weekly charts reveal a significant increase in volume over time, indicating strong accumulation. This accumulation phase suggests underlying strength in the asset, making it an attractive opportunity for investors seeking long-term growth.Risk Management:To mitigate risk, consider allocating 1-5% of your portfolio at higher price levels, increasing to 5-10% and 10-20% as prices decline. By diversifying your investments and managing risk levels accordingly, you can navigate market fluctuations effectively.Note: split your major money like if you have 1000$, split it into 10 parts so each trade has 100$ allocation, now use that 100$ to buy in 1-5%, 5-10% & 10-20% respectively.With a strategic long-term approach and diligent risk management, KAVAUSDT offers the potential for substantial returns. Remember to think long-term to build sustainable wealth and capitalize on the opportunities presented by this asset.#OPEN POSITION