Technical analysis by CryptoAnalystSignal about Symbol KDA: Buy recommendation (5/28/2025)

#KDAThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.5380.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: 0.5447First target: 0.5545Second target: 0.5670Third target: 0.5820