While the rest of the market catches its breath, Kodiak ($KDK) is holding its ground impressively. After the massive 140x oversubscription on Gate Launchpad, the price action is telling a very specific story.
Current Price: Holding steady around $0.38 - $0.39 USDT. Launch Price Context: For those who got in at the $0.35 Launchpad price, you are already sitting on a solid gain despite the broader market volatility.
The "Double Bottom" Signal: On the 1-hour and 4-hour charts, we saw a bounce off the $0.36 support level twice in the last 48 hours. This suggests a "strong hand" accumulation zone is forming.
Why the Sentiment is Shifting:
The big news isn't just the price; it’s the Berachain Ecosystem recovery. With the network resolving recent technical hurdles, $KDK, which controls 90% of the ecosystem's liquidity is positioned as the primary "Beta play" for the entire chain.
My Prediction:
We are currently in a "sideways" accumulation phase. If $KDK can break and hold above the $0.42 resistance level (its recent local high), the path to $0.50 looks wide open. The volume is starting to tick up again, which usually precedes a volatility breakout.
Don't forget, the Gate Square #PostToWinLaunchpadKDK event is in its final 24 hours! If you haven't shared your analysis yet, now is the time to secure your share of the 2,000 KDK prize pool. 🎁 #PostToWinLaunchpadKDK
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While the rest of the market catches its breath, Kodiak ($KDK) is holding its ground impressively. After the massive 140x oversubscription on Gate Launchpad, the price action is telling a very specific story.
Current Price: Holding steady around $0.38 - $0.39 USDT.
Launch Price Context: For those who got in at the $0.35 Launchpad price, you are already sitting on a solid gain despite the broader market volatility.
The "Double Bottom" Signal: On the 1-hour and 4-hour charts, we saw a bounce off the $0.36 support level twice in the last 48 hours. This suggests a "strong hand" accumulation zone is forming.
Why the Sentiment is Shifting:
The big news isn't just the price; it’s the Berachain Ecosystem recovery. With the network resolving recent technical hurdles, $KDK, which controls 90% of the ecosystem's liquidity is positioned as the primary "Beta play" for the entire chain.
My Prediction:
We are currently in a "sideways" accumulation phase. If $KDK can break and hold above the $0.42 resistance level (its recent local high), the path to $0.50 looks wide open. The volume is starting to tick up again, which usually precedes a volatility breakout.
Don't forget, the Gate Square #PostToWinLaunchpadKDK event is in its final 24 hours! If you haven't shared your analysis yet, now is the time to secure your share of the 2,000 KDK prize pool. 🎁
#PostToWinLaunchpadKDK