Kwenta longKwenta broke trough off the upper boundary of horizontal channel. Bullish movement to resistance level at 127 is expected to happen.
KWENTAUSDT trade ideas
KWENTA - Buy the dip !We see that Kwenta is at the bottom of the contracting triangle. Buy at the bottom, sell at the top of the bull!
Don't forget about the SNX partnership of this decentralized exchange.
I think that the contracting triangle target first targets the $135 level and if there is a breakout, it will create a very serious hype effect.
KWENTA - Feel the support of $SNXKwenta is a decentralized derivative trading platform that offers real-world and on-chain synthetic assets. It is an innovative product that fills a significant gap in the DeFi space.
Kwenta leverages the power of the Synthetix protocol, which is one of the most popular synthetic asset protocols in the DeFi space. By utilizing the strength of the Synthetix protocol, Kwenta has the potential to offer users a broader range of synthetic assets.
Kwenta has been deployed on Optimism. Optimism is a layer-2 scaling solution for Ethereum. This enables Kwenta to provide faster and cheaper transactions by taking advantage of the scalability features offered by the Optimism layer-2 solution.
Remember that there is significant potential in this coin!
long KWENTA$KWENTA bounced up off the bullish trendline. The trend is likely to continue and reach the resistance level at $223.8
