Markets· ★★· bearish·

KAS drops 7.98% and tests technical support levels

  • —KAS trades at $0.0358662, down 7.98% on the day
  • —Price sits below SMA-7, SMA-30 and VWAP but above SMA-90 and SMA-200
  • —Daily volume of $14.23 million is 20.51% below the 30-day average
  • —RSI at 40 and stochastic at 7% signal weakness with rebound risk
Why it matters: The drop came without a volume spike or clear catalyst, so the $0.0345 support break needs confirmation from activity.
Source: DiarioBitcoin