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Technical analysis by Strength_in_numbers about Symbol KAS: Sell recommendation (5/31/2025)

https://sahmeto.com/message/3567413
Sell،Technical،Strength_in_numbers

Weekly TFChart invertedLooking at this chart - what would you do here? Kaspa has been unable to exceed the $0.19 - 0.20 high. And has broken below 2 x key trend lines.I seem to be missing some historical data on this chart but if we use the lowest price point and use a fibbonahi retracement tool, the 0.5 puts is roughly $0.010 - 0.012. Equal to a 80-90% drop.If KAS sees continuation to the downside I believe this is where price could head next 📉This coin had a good run for c.700 days, followed by 200 days of flat p.a. /consolidation - it makes sense that there would be a significant correction.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$0.084886
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