Kadena / Tether
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KDA's next move!

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KDA recently had a major pullback after a great run. In my analysis, the pink lines are the demand zones. As you can see, the fib levels are being respected, specifically the golden pocket - 0.618. If KDA can have a daily close over the 0.618, I believe we could see another leg up. If the green trend line breaks to the downside, we could potentially see this go back down to around $6.60. I am long on KDA as I believe in this project. Always DYOR.

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