KAS Technical Analysis Feb 23
The post KAS Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com.
While KAS’s 24-hour volume remains low at the 14 million dollar level, selling pressure appears limited despite the downtrend; this indicates weak market participation and gives possible accumulation signals. Volume Profile and Market Participation KAS’s current volume profile reflects low market participation with the 24-hour trading volume hovering around 14 million dollars. Compared to recent average volumes, this level is significantly lower, indicating that investors are not very eager to sell during the downtrend. While the price experiences a limited loss of -1.09% at the $0.03 level, the low volume signals decreased general market interest and lack of dominant speculative movements. For a healthy downtrend, an increase in volume is expected; however, the opposite is observed here, providing clues that the trend is exhausting. In multiple timeframes (1D/3D/1W), 12 strong levels have been identified: 1 support/3 resistance in 1D, 2S/2R in 3D, 3S/3R balance in 1W. This balanced structure increases fragility in the absence of volume but also carries consolidation potential. Retail investors seem dominant among market participants; a volume explosion should be expected for institutional entries. Accumulation or Distribution? Accumulation Signals Low volume during downward movements stands out as a classic accumulation sign. Although short-term bearish below EMA20 ($0.03), RSI at 38.33 is approaching oversold territory while MACD shows a positive histogram – this divergence suggests strong hands are accumulating at the bottom. If the $0.0293 support level (70/100 score) is tested with volume, an increase in accumulation volume is expected. Although Supertrend is bearish and resistance is at $0.04, low-volume declines usually indicate base formation. Check KAS Spot Analysis to see if there are quiet buys in the spot market. Distribution Risks Volume increase is required for distribution; current low levels reduce this risk but attention: if the $0.0319 resistance (75/100) is broken without accompanying volume, a trap…
Filed under: News - @ February 24, 2026 3:20 am