KDAUSDT Technical Analysis Update
KDA's price is approaching the upper trendline of its descending channel and is currently trading above the 100 and 200 EMA. Trading volume is gradually increasing on the daily chart. If the price breaks out of the descending channel, we can expect a significant upward move in KDA.
Buy Level: Below $0.65
Stop Loss:0.54
Regards
Hexa
Kedena had a good run up all the way to the $28 mark.
However we've seen a 43% drop back down to the $17 mark.
This is still good buying for this project. Expect big things from KDA in 2022.
