From TradingView · · 1m 30s
The KAS setup that hangs on one price
A 4-hour chart read on Kaspa where a single support level decides whether the trade works or dies.
In brief
A 4-hour chart read on Kaspa where a single support level decides whether the trade works or dies. The whole thesis rests on $0.030451 holding; below it, the setup is void and you take the stop at $0.029822. Originally reported by TradingView.
Down 84%, still setting up
Kaspa trades around $0.032799 while retail walks away from a coin sitting 84% under its August 2024 high of $0.21. The 4-hour chart tells a different story.
“While retail abandons this BlockDAG giant because it is down 84% from its ATH, the 4-hour chart is setting up a textbook order block retest”
The rally and the pullback
KAS ran +43.72% off its early September bottom at $0.0275, peaked at $0.039523 on Sep 10, then gave back 17.01%. That retrace is the retest, not a breakdown.
One level decides everything
The buying order block sits between $0.032242 and $0.030451, with the entry bid at $0.032322. Hold that zone and the path back to local peaks opens up.
“If this demand zone holds on a retest, it clears the way for a macro-reversal back to local peaks.”
Targets and the stop
Target 1 is $0.035307, target 2 is $0.040072, which sweeps the local highs. A 4-hour close below $0.029822 kills the trade. That is a 1:3.10 risk-to-reward.
Nobody is waiting to dump
Kaspa raised $0. No ICO, no presale, no VC rounds, no seed investors. Coins only came from open proof-of-work mining, so there are no early buyers sitting on cheap bags.
“Genuine fair launch with no ICO, no presale, and no insider pre-allocation”
No unlocks on the calendar
Zero percent of supply is locked, with no team vesting or founder allocations. Over 96% of the 28.7 billion cap is already mined, and emissions halve on a smooth monthly curve.
The headline
The whole thesis rests on $0.030451 holding; below it, the setup is void and you take the stop at $0.029822.
