Technical analysis by khantwinaung about Symbol KAS: Buy recommendation (11/29/2025)

Here’s a detailed analysis of the chart for Kaspa (KAS/USDT) and its potential outlook for 2026: 1. Current Price & Trend Current Price: Around $0.0586. Recent Movement: The price has dropped sharply (around -22%) and is near a strong support zone. Timeframe: Weekly chart (1W), so each candle represents one week. 2. Key Support & Resistance Zones Support Zones: $0.040 – $0.045 (purple zone): Strong historical support; price bounced here before. $0.010 – $0.025 (lower purple zone): Major long-term support if the first zone fails. Resistance Zones: $0.10 – $0.12 (green zone): Significant resistance; price struggled to break this level previously. $0.18 – $0.20 (upper level): Previous high and major supply zone. 3. Projected Scenarios for 2026 Bullish Scenario (Green Arrow): Price holds above $0.04 and breaks $0.10 resistance. Target: $0.12 – $0.18 by mid-to-late 2026. Requires strong market sentiment and volume. Bearish Scenario (Purple Arrow): Price fails to hold $0.04 support and drops toward $0.02. Could happen if overall crypto market weakens or Kaspa loses momentum. 4. Indicators & Patterns Order Blocks: Red zones indicate previous supply areas where sellers dominated. Trend: Currently in a downtrend but near a critical support zone. Volume: Not shown here, but likely declining during the drop. ✅ Updated Bullish Analysis for 2026 Current Situation: Price is around $0.058, very close to the strong support zone at $0.04–$0.05. Historically, this zone acted as a major accumulation area, so the downside risk is limited unless the market collapses. Why It’s Likely to Rebound: Bottom Formation: Price has already retraced significantly from highs ($0.18), suggesting sellers are exhausted. Positive News: Strong fundamentals and project updates will attract buyers. Market Cycle: If Bitcoin enters a bull run in 2026, altcoins like Kaspa typically surge. ✅ Summary: Key level to watch: $0.04 support. If it holds → potential recovery toward $0.10–$0.12. If it breaks → risk of drop to $0.02.