Observing recent developments in
KDA
, the asset has successfully breached a robust resistance level, establishing what I refer to as an 'OTZ' (Optimal Trading Zone). In the next phase of my strategy, I'm patiently awaiting a retracement to the OTZ level, anticipating the formation of a double bottom pattern. This pattern, upon confirmation, will serve as my entry signal for a bullish position, with a target set at the $0.95 zone. Keeping a close eye on these key levels is essential for executing a well-timed and informed trade.
KDA
, the asset has successfully breached a robust resistance level, establishing what I refer to as an 'OTZ' (Optimal Trading Zone). In the next phase of my strategy, I'm patiently awaiting a retracement to the OTZ level, anticipating the formation of a double bottom pattern. This pattern, upon confirmation, will serve as my entry signal for a bullish position, with a target set at the $0.95 zone. Keeping a close eye on these key levels is essential for executing a well-timed and informed trade.