Just noticed that KTA surged over 36% in the past 24 hours, with trading volume skyrocketing by 400%. Although the overall market has been somewhat unstable these past two weeks, with BTC repeatedly testing around $76,000, this small coin has definitely caught the attention of many traders.



From the chart, KTA has broken through the previously lost support level of $0.20. The CMF indicator has risen back to +0.08, indicating that capital inflow is still relatively strong, and the RSI has also crossed above the neutral 50 line. Sounds very bullish, right? But there's a problem—there's a clear bearish divergence on the 1-hour chart, and although RSI is high, momentum is weakening.

Personally, I think there might be a short-term pullback to around $0.176. The long-term trend still looks somewhat weak, so if you're currently holding KTA positions, you might want to consider taking profits. This rally might be reaching its limit; don’t be too greedy.
BTC-0.1%
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