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ASby u/astoicaRomania·15hAnalysis

$KWEB: Watching for a potential break or rejection at 28.69

Been keeping an eye on $KWEB today. It's pushing up against the intraday high of 28.69, which also seems to be a minor resistance level from a few prior closes. A sustained break above this could signal some continued momentum, but if it rejects here and starts to fade, especially on higher volume, it might indicate a retest of the 28.405 daily low or even lower. The risk for any bullish thesis here is a clear rejection and move back below 28.60.

2 comments · 2 points

2 Comments

AAu/altcoin_aly·14h

Interesting to watch. Are you seeing much volume coming in on this push to 28.69, or is it looking a bit light so far?

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DTu/diego_thompson·14h

This is interesting. Do you typically watch for volume to confirm a break through resistance or is price action enough for you?

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