#KAS/USDT 4h (ByBit) Broadening wedge on resistance

Kaspa is facing 200MA where it already got rejected once, seems likely to retrace down to 50MA support.

⚡️⚡️ #KAS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.7X)
Amount: 5.0%

Current Price:
0.03945

Entry Targets:
1) 0.04020

Take-Profit Targets:
1) 0.03540

Stop Targets:
1) 0.04260

Published By: @TradingOn

$KAS KASUSDT.P #Kaspa #L1 #PoW kaspa.org

Risk/Reward= 1:2.0
Expected Profit= +80.0%
Possible Loss= -40.0%
Estimated Gaintime= 4-8 days

Trade active:

ByBit USDT
#KAS/USDT All entry targets achieved
Average Entry Price: 0.04020 💵

KASUSDT.P retested 200MA resistance and got rejected on it as planned so far.

Trade closed: stop reached:

ByBit USDT
#KAS/USDT Stoploss ⛔️
Loss: 40.0% 📉

KASUSDT.P bounced back and regained 200MA, stopping us out.