Kaspa (KAS) is trading quietly today, with its price hovering around $0.08478 and showing little movement on the day. The coin remains stuck within a sideways range, having failed several attempts to break past $0.10. Currently, KAS sits near its crucial support zone of approximately $0.082-$0.084, with traders closely watching to see if bulls can defend this level or if bears will push it lower. Yesterday’s prediction highlighted how trading volume has cooled off compared to earlier rallies in 2023. Today’s volume sits at just about 137.8M, a far cry from the earlier highs, and projections for volume are at 159.6M, underscoring the lack of substantial trading activity. We previously pointed out how long positions have been trimmed while short positions remain steady at around 1.19B. Open interest compared to market cap also hasn’t changed significantly at 0.059, indicating traders are active but not necessarily engaging in heavy leverage. Overall, the picture remains unchanged – with sellers having a slight edge over buyers. However, as we explained, a clean breakout above $0.10 would be needed for momentum to shift back to bullish. The Kaspa chart reveals a downward trend since hitting its peak above $0.12 earlier this summer. Every attempt to break through the $0.10-$0.105 mark has been rejected, and the coin is currently pressing against its support area of $0.082-$0.084. If buyers step in, KAS has the potential to bounce back towards $0.10. A more substantial move might even reach $0.12, but this would require fresh buying volume. On the other hand, if the $0.082 mark breaks convincingly, Kaspa could quickly slide toward the last major support at $0.052. Today’s Market Outlook for KAS: The key level to watch today is $0.082-$0.084. If Kaspa holds this crucial zone, we could see a rebound towards $0.10 before the day ends. However, if this level breaks, a move toward $0.052 might quickly follow. In summary, short-term outlook for KAS leans bearish, as the coin remains near one of its most tested support zones, with today’s market action determining whether it bounces or falls lower.