Kaspa’s price has experienced a significant drop in recent weeks, falling from highs near $0.12 in early September to around $0.05. This decline included a brief flash crash that sent KAS below $0.01 before the market rebounded. recent ProBit Global delisting, which halted deposits and trading on October 10th, has impacted sentiment and reduced short-term liquidity for holders. Despite this pressure, Kaspa remains listed on major exchanges like WhiteBIT and SwissBorg. Additionally, the project boasts a fast BlockDAG network, achieving sub-10-second transaction finality, which puts it in a competitive position in the realm of Layer 1 proof-of-work blockchains. While short-term traders remain cautious, Kaspa’s long-term outlook remains positive. Analysis reveals key price levels and relevant market indicators: The 4-hour chart shows a downtrend, with lower lows and lows consistently forming. A recent rejection at $0.06 led to the price bouncing back towards $0.05. While the momentum has slowed, resistance stands near $0.055. A break above could potentially propel prices towards $0.07, aligning with previous support turned resistance levels. If the price continues to fall, support is seen at $0.048, followed by $0.043, and then a psychological floor around $0.04 where bulls may attempt a comeback. Market indicators suggest further downward pressure with the RSI near 38, leaning bearish but not yet in oversold territory. Open Interest has dropped sharply from over $700 million to just under $230 million, indicating that speculative traders have exited the market. This suggests a market reset following leveraged trading, and the Net Long vs. Short data confirms cautious sentiment. While MACD is leveling out after a bearish phase, a potential short-term bounce can be anticipated if the histogram shows smaller red bars. Overall, indicators suggest cooling market dynamics rather than bullish signals. 70% chance of further price decline in the coming week.