Kaspa rebounds from 0.04 support after a WXY correction, signaling a potential bullish move toward 0.09–0.10 if 0.05 resistance breaks.
Kaspa (KASUSD) is showing a constructive rebound on the daily chart following a completed complex WXY correction within wave B/2. After revisiting the key support zone around 0.04, price action suggests that a new impulsive phase—either wave C or wave 3—is now underway.
A sustained move above the 0.05 bullish confirmation level, combined with a breakout from the descending channel resistance, would further validate this outlook. In such a scenario, the next upside targets are projected in the 0.09–0.10 region, aligning with typical wave C or extended wave 3 projections.
Kaspa (KASUSD) is showing a constructive rebound on the daily chart following a completed complex WXY correction within wave B/2. After revisiting the key support zone around 0.04, price action suggests that a new impulsive phase—either wave C or wave 3—is now underway.
A sustained move above the 0.05 bullish confirmation level, combined with a breakout from the descending channel resistance, would further validate this outlook. In such a scenario, the next upside targets are projected in the 0.09–0.10 region, aligning with typical wave C or extended wave 3 projections.
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