Kadena / Tether
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KDA pullback to 0.50$?

Hey traders. KDA performed beautifully in Dec. '23 with a 100% growth in price. But since than it is in Bearish trend and with the current bias all over the Crypto Markets I believe it could retrace back to 50 cents. That is if the support at around 0.80$ won't hold. Since Dec. '23 volume & RSI are descending also. Let's say a mid term correction for KDA is due before proceeding to chase the ATH later this year.

Good luck!

(NFA)
Trend Analysis

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