KCS drops 6.61% to $7.28, tests key support at $7.20
- —KCS trades at $7.28, down 6.61% on the day
- —Volume of $5.56 million is 58.58% below the 30-day average
- —RSI at 44.7 and bearish MACD; price sits below SMA-5, SMA-10 and SMA-20
- —Support at $7.20, resistance at the $7.50 VWAP
Why it matters: The drop came without volume expansion or a clear catalyst, pointing to market-wide weakness rather than KuCoin-specific issues; a break of $7.20 would add pressure.
Source: DiarioBitcoin