AI Analysis: $KAVA/USDT

Entry Price: 0.1050–0.1070
Target Price:

- TP1: 0.1020
- TP2: 0.0990
Stop Loss: Above 0.1105

Reasons for Selling:

1. Pattern Confirmation:
- Daily chart shows a "double top" reversal structure (neckline at 0.1020), top depth 0.0085 (0.1105-0.1020)
- Measured drop = top depth × 1.618 = 0.0138 → Target Price 2 = 0.1105-0.0138=0.0967 (rounded to 0.0990)
2. Trend Structure:
- Weekly chart breaks below the 2024 uptrend line (0.0990→0.1020 connection), price falls below MA(50) 0.106
- RSI(14)=32 (weak region), MACD dead cross with expanding red bars, clear bearish signals
3. Market Sentiment:
- "False breakout - rapid pullback" bull trap pattern appears in the 0.1105 area
- Closing price has been below 0.1070 for 2 consecutive days (previous high support + Fibonacci 61.8% retracement)
4. Indicator Confirmation:
- OBV hits a 20-day low, continuous capital outflow
- Funding rate -0.185% (negative for 5 consecutive days), futures open interest down 32%
- On-chain data: exchange net inflow +18 million tokens, whale holdings down 38%

This content is for reference only and does not constitute investment advice.