Kaspa price is trading around $0.08171, sitting right above a key support zone after sliding lower over the past few weeks.
The token has struggled to find strong momentum, and the data shows traders are being careful while sellers continue to press.
What you'll learn 👉
What We Got Right Yesterday
In yesterday’s prediction we pointed out that volume is still light. That tells us fewer traders are chasing Kaspa right now, which makes it tough for the price to break out of its range.
Open interest didn’t really move much either. Traders are still in the game, but they aren’t going all-in. Net longs kept slipping, while shorts stayed stacked higher at around 1.19B. That gave bears the edge, but bulls haven’t completely stepped aside.
How the Kaspa Chart Looks Now
Kaspa has been on a slow drift lower since losing strength above $0.12. Before that, it peaked near $0.20 and then saw sharp selling.
Now the chart is showing a clear pattern of lower highs and lower lows, which is a sign of weak momentum.
Right now, KAS price is sitting right at the $0.080-$0.082 support zone. If buyers manage to hold that line, we could see a bounce back toward $0.10, where rallies have failed before.
But if this floor breaks, Kaspa could fall quickly toward the $0.055 area, the level where it last found a strong base.
Market Indicators
Read Also: September Setup: Could Kaspa (KAS) Next Move Be a Double-Digit Rally?
Trading volume is sitting around 102M, with predictions closer to 118M. That’s well below the levels we saw during earlier rallies, so activity is still muted.
The data shows net longs have dropped to -1.25B, while shorts are holding near 1.20B. That balance leans bearish, but it also shows that traders aren’t using extreme leverage.
The open interest-to-market cap ratio is sitting around 0.0600, which means there’s still plenty of trading interest, just not an overheated market.
Kaspa Price Short-Term Outlook for Today, September 5
All eyes are on the $0.081 support zone today. If it holds, the Kaspa price could bounce back toward $0.10 before the day closes. If it doesn’t, the next stop looks more like $0.055.
For now, the setup leans bearish under $0.10, with sellers in control but buyers still fighting to defend this key area.
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