Technical analysis by elfabiiani about Symbol KAS: Buy recommendation (9/3/2025)

Technical Analysis (Daily Timeframe) by Blaž Fabjan Chart Pattern The price is consolidating within a Symmetrical Triangle pattern. This is a neutral continuation pattern – it signals that a major breakout (either upward or downward) is approaching as the apex is nearing. Both higher lows and lower highs confirm the formation. Key Support & Resistance Levels Immediate support zone: $0.080 – $0.082 Strong support below: $0.070 Immediate resistance: $0.095 – $0.100 Major resistances above: $0.120, $0.140, $0.160, $0.200, $0.220 Indicators Volume: Declining within the triangle – typical before a breakout. RSI (14): ~46 → Neutral, no overbought/oversold signals. Stochastic RSI: Oversold (~20), suggesting possible short-term upside bounce. MFI (Money Flow Index): Neutral (~51), showing balanced inflows/outflows. MACD/VM indicator: Bearish momentum has slowed, histogram flattening. Scenarios Option 1 (Bullish breakout): If KAS breaks above the $0.095–$0.100 zone with volume, next targets are $0.120 → $0.140 → $0.160 → $0.200+. Option 2 (Bearish breakdown): If KAS loses $0.080, potential retest of $0.070 → $0.060 support levels. Trading Plan for KAS/USDT 🔹 Short-Term Swing Trade (1–4 weeks) Entry Zone (Buy): Aggressive: $0.082 – $0.085 (current support area). Conservative: On confirmed breakout above $0.095 with volume. Stop Loss: Below $0.078 (tight stop) OR below $0.070 (safe stop). Take Profit Targets: $0.100 (first resistance, partial TP) $0.120 (main target) $0.140 (strong resistance) 🔹 Medium-Term Position Trade (1–3 months) Entry Strategy: Accumulate in the $0.080–$0.085 range. Stop Loss: Below $0.070 (close daily candle confirmation). Targets: Base case: $0.160 Optimistic case: $0.200 – $0.220 🔹 Risk Management Risk per trade: 1–2% of portfolio. Position sizing according to stop-loss distance. Avoid over-leveraging; triangle breakouts can produce false moves before direction confirms. Kaspa is entering the decision zone – the symmetrical triangle is compressing, and a major breakout is imminent in coming weeks. Momentum indicators show neutrality, giving equal probability for either breakout direction. The safest approach is to wait for breakout confirmation (daily close above $0.095 or below $0.080 with volume). If bullish, Kaspa could target +40–100% upside over the next quarter. If bearish, downside risk is -20–30%. Recommendation: For conservative traders → wait for breakout confirmation. For aggressive traders → accumulate around support ($0.082–$0.085) with tight stop-loss below $0.078 and scale out profits at resistance levels.