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KAIA Rapidly Surges to $0.179 – Breakout or Pullback to $0.161 Next?

  • KAIA surged to $0.179, with potential for a pullback to $0.161. RSI indicates a modest decline in overbought conditions.
  • The price remains above EMAs, signaling positive momentum. The recent sharp upward impulse developed in two phases.
  • RSI peaked at 83 during breakout, now at 73 showing buyer pressure. EMAs act as support levels for potential retests and trend confirmation.
  • Current market sentiment is bullish but with potential for a slowdown. Various Fibonacci levels serve as critical zones for trend evaluation.
  • Bullish scenario involves consolidation above $0.1618, while bearish scenario looks for break below $0.1512. Potential entry and stop-loss strategies are discussed.

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