Technical analysis by SaltSugar about Symbol KAVA: Buy recommendation (2/3/2025)

Long KAVAUSDT on D1 Entry : current price (0.49-0.5) TP : 1 (x2) Exit : confirmation on D1 below PoC & MA200 (0.4). RR = 5:1 Duration: from 2 weeks to 1.5-2 moths probably. Why? After the great capitulation we witnessed yesterday (more than 2bln liquidations of 700k traders) KAVA shows unprecedented signs of strength. Bounced on big volume from PoC and MA200 (which are also above multi-month consolidation in july-nov 2024). Haven't done a thorough research on project's fundamentals. So, in case you DYOR'ed it please leave a comment if there's red flags from this perspective. But regarding TA, that's exactly that I wanted to see.Currently not seeing appropriate PA as planned. Better to close this trade manually than wait on sidelines...