๐ Analysis:
Consolidation at Support: KAS is consolidating at support, hinting at potential upward movement.
Retracement: Recent retracement in the past two weeks suggests a possible setup for another upward leg.
Ladder into Spot Long: Consider laddering into a spot long trade in the current $0.0144 - $0.0155 support area.
Take Profit Strategy: Plan to sell 25% at the next resistance area from $0.183 - $0.19 and let the remainder run.
Stop Loss: Set a stop loss just below $0.14 for risk management.
๐ Note: Keep an eye on broader market trends and any upcoming events that may impact KAS.
Consolidation at Support: KAS is consolidating at support, hinting at potential upward movement.
Retracement: Recent retracement in the past two weeks suggests a possible setup for another upward leg.
Ladder into Spot Long: Consider laddering into a spot long trade in the current $0.0144 - $0.0155 support area.
Take Profit Strategy: Plan to sell 25% at the next resistance area from $0.183 - $0.19 and let the remainder run.
Stop Loss: Set a stop loss just below $0.14 for risk management.
๐ Note: Keep an eye on broader market trends and any upcoming events that may impact KAS.
