The post Will KAS break free or reject again? appeared on BitcoinEthereumNews.com. Kaspa (KASUSD) has been on quite the journey lately, and the current setup demands attention. After a brutal selloff that saw KAS plummet from $0.065 in mid to late October, the cryptocurrency has staged an impressive recovery from its swing trade buy zone around $0.044. What makes this bounce intriguing isn’t just the velocity—it’s where price is heading. For months, Kaspa has been locked beneath a well-defined descending resistance trendline that’s been capping rallies since August. Every attempt to break through has been met with sellers, creating a consistent pattern of lower highs. That yellow downsloping line I’ve annotated on the chart has been more reliable than most trendlines I’ve seen this year, repeatedly turning back bullish momentum. But then something shifted. The drop into late November found support precisely where technical traders were watching—that $0.044 level marked as our swing trade buy zone. The bounce from there wasn’t timid; it was decisive, pushing price back above $0.050 in a matter of days. This is where the plot thickens. Price is now knocking on that same descending resistance that’s rejected it multiple times before, currently sitting around $0.053–0.054. Watch this trendline closely over the next few sessions. Either we’re about to see Kaspa break its multi-month downtrend, or we’re setting up for another painful rejection. The technical levels are clear. If bulls can push through and hold above this trendline, we could see a genuine trend reversal unfold. A confirmed break would target the mid-$0.060s initially, potentially opening the door back toward prior highs. The swing trade structure remains intact—buyers who entered at $0.044 have already locked in decent gains, while the $0.037 add level sits as a safety net for those scaling into positions. The bearish case is equally straightforward. Rejection at this resistance could send KAS back toward… The post Will KAS break free or reject again? appeared on BitcoinEthereumNews.com. Kaspa (KASUSD) has been on quite the journey lately, and the current setup demands attention. After a brutal selloff that saw KAS plummet from $0.065 in mid to late October, the cryptocurrency has staged an impressive recovery from its swing trade buy zone around $0.044. What makes this bounce intriguing isn’t just the velocity—it’s where price is heading. For months, Kaspa has been locked beneath a well-defined descending resistance trendline that’s been capping rallies since August. Every attempt to break through has been met with sellers, creating a consistent pattern of lower highs. That yellow downsloping line I’ve annotated on the chart has been more reliable than most trendlines I’ve seen this year, repeatedly turning back bullish momentum. But then something shifted. The drop into late November found support precisely where technical traders were watching—that $0.044 level marked as our swing trade buy zone. The bounce from there wasn’t timid; it was decisive, pushing price back above $0.050 in a matter of days. This is where the plot thickens. Price is now knocking on that same descending resistance that’s rejected it multiple times before, currently sitting around $0.053–0.054. Watch this trendline closely over the next few sessions. Either we’re about to see Kaspa break its multi-month downtrend, or we’re setting up for another painful rejection. The technical levels are clear. If bulls can push through and hold above this trendline, we could see a genuine trend reversal unfold. A confirmed break would target the mid-$0.060s initially, potentially opening the door back toward prior highs. The swing trade structure remains intact—buyers who entered at $0.044 have already locked in decent gains, while the $0.037 add level sits as a safety net for those scaling into positions. The bearish case is equally straightforward. Rejection at this resistance could send KAS back toward…

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