KASPA | Back in Trading Range

KASPA is back in the trading range, presenting a potential bullish setup after flipping the long-term resistance around $0.094 into support. This flip represents a significant technical milestone that often precedes major upward moves.

Key Observations:
Successfully converted major resistance at $0.094 into support
Price is consolidating within the established trading range
RSI showing neutral momentum, leaving room for upside movement
Ascending trendline provides additional support confluence

Trading Setup:
Entry: Now, or wait for trendline break with volume confirmation
Target: Upper resistance zone around $0.18935 (marked in blue)
Stop Loss: Below the prior resistance now turned support at $0.094

Risk Factors:
Overall crypto market sentiment remains a key factor

The projected pink arrow suggests significant upside potential if the breakout materializes, making this an interesting risk-reward setup for patient traders. The successful support flip increases the probability of reaching the upper target zone.