The Trust Layer for Market Analysts

The analysis focuses on Kaspa (KAS) with a potential bullish trading scenario identified on the 12-hour chart. The price is currently trading within a bullish order block situated between 0.03033 and 0.029929. The scenario anticipates a retest of this lower bullish order block, with the expectation of finding liquidity under previous important lows to trigger a pullback and a subsequent confirmation at support. The setup is considered even better due to the significant liquidity present under these previous lows. The target profit is set above the bearish order block. The stop loss is placed under the low created during a potential fake-out, with the overall setup being similar to a previous trade.