Kaspa [KAS] soars 13% – But THIS resistance zone signals caution!
KAS bullish run faces hurdles as resistance zone sparks caution.
KAS has recorded a significant run, but a key resistance zone now poses a major hurdle, with signs of spot selling pressure still present. The trading volume remains high, and bullish momentum continues to build, suggesting strong buyer interest even at current resistance levels.
Kaspa [KAS] surged by 13% in the past 24 hours, at press time, extending a trend of steady gains that has resulted in a 72% price increase over the last four weeks.
However, this bullish momentum may stall despite rising volume and aggressive buying, as price action tests a historically bearish resistance zone.
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