Kaspa Eyes Breakout as Price Holds Strong Above Key Support

Kaspa’s price has rebounded strongly, surpassing the $0.08 mark after gaining over 5.71% in the past 24 hours. This surge is driving analysts to believe that a breakout is imminent, with a target of reaching the $0.080 level and potentially exceeding it if volume increases and resistance breaks through. The recent price rally highlights renewed buying activity across short-term technical indicators, signaling that bulls are preparing for a fresh breakout. Although slight retreat has been observed since hitting its high of $0.0833, the price remains above its key support near $0.071, with the current price action indicating indecision rather than weakness.