Entry Zone: $0.0670–$0.0685
Stop-Loss: $0.0708
TP1: $0.0645
TP2: $0.0615
TP3: $0.0585
KAVA saw a significant $13.96K long liquidation at $0.05827, showing that leveraged buyers were forced out during downside pressure. The setup favors a short if price rejects the $0.0670–$0.0685 area and fails to reclaim nearby resistance.
📌 Invalidation: A sustained break and close above $0.0708 cancels the bearish setup.
Manage position size carefully and avoid chasing an extended move.
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