$kACE is sliding into a major demand zone after an 18% decline from its peak.

Trading Plan Long $KACE

Entry: 0.0865 – 0.0870

SL: 0.0858

TP1: 0.0890

TP2: 0.0920

TP3: 0.0970

The asset has fallen from 0.1058 to 0.0868 — an 18% decline. The RSI reading at 11 indicates oversold conditions. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 1-hour chart shows a steady decline with lower lows, but the momentum is slowing down significantly. This region has historically attracted buyers, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this zone, the next upside targets are located near 0.0890 and 0.0920. The SL is placed tight at 0.0858, while TP3 at 0.0970 targets a 11% upside from entry.

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