The KIWI/USDT pair is showing signs of weakness as it continues to trade below a key Resistance Becomes Support (RBS) level. Despite an explosive debut, momentum has clearly shifted, and the bears are gaining control.
Bearish Trendline Caps Upside Momentum
Since peaking near the 0.0085 zone, KIWI has formed a consistent series of lower highs. A well-defined descending trendline is acting as dynamic resistance, preventing any meaningful bullish breakout.
The trendline rejection aligns with a supply zone above 0.0070, where previous buyers exited.
Unless the price can break and close above this structure, upside will remain limited.
RBS Level Now Acting as Resistance
The RBS zone (around 0.0048 – 0.0052), once a reliable support area, has flipped into resistance. This change in polarity is a classic bearish signal in technical analysis.
Failure to reclaim this level confirms weakening demand and adds selling pressure.
Key Demand Zones Below
Two major support zones have formed:
- First support: 0.0042 – 0.0045 (currently being tested)
- Second support: 0.0036 – 0.0039
This is a critical demand zone and could attract buyers if the price drops further.
A clean breakdown below 0.0042 may open the doors toward deeper retracements.
Technical Outlook: Bearish Bias Until Breakout
With price trending below the descending trendline and key RBS level, KIWI remains in a short-term downtrend. Any bullish recovery must first reclaim 0.0052 and break the trendline with volume confirmation.
For now, downside risk remains until buyers regain control at key structural levels.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.