Technical analysis by CryptoAnalystSignal about Symbol KMD: Buy recommendation (4/23/2025)

#KDAThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.1480.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 0.1515First target: 0.1530Second target: 0.1550Third target: 0.1580