Kaspa (KAS) Price Near $0.093 Triggers $30M Short Liquidation Risk

Kaspa (KAS) is currently trading just below $0.09, having pulled back from a recent rebound to $0.12 in June 2025. Technical indicators and liquidity maps suggest that a potential breakout above $0.10 could trigger significant short liquidations, creating a volatile environment for traders. According to liquidity data from Kaspa Daily, nearly $30 million in short positions are at risk of being liquidated if the price reaches $0.10 [1]. Such a move could lead to forced buying and exacerbate upward price pressure.

Liquidity clusters are currently concentrated between $0.086 and $0.081 and in the $0.096–$0.10 range. These levels represent potential turning points for the near-term price action, acting as strong gravitational pulls for buyers and sellers [2]. If the price breaks through $0.093, it could push toward $0.096, and a successful test of $0.10 would likely trigger increased short covering and further volatility.

On the 4-hour chart, KAS remains under a descending trendline that has been in place since late 2024, currently around $0.11–$0.115. The 50-period exponential moving average is near $0.093 and is currently acting as resistance. The RSI sits in the low 40s, indicating that while momentum has slowed, it is not yet at oversold levels. A sustained move above $0.093 and through $0.096 would be a bullish confirmation and could signal a stronger move toward $0.10.

Conversely, if the price dips below $0.086, it could head toward $0.083 and even $0.081, where liquidity is also heavily concentrated. A breakdown at these levels would likely accelerate the downward movement, driven by increased selling pressure and short covering on the lower end of the range [3]. The immediate focus is on the tug-of-war between these key levels, and whichever side gives in first could dictate the short-term direction of the market.

CaptainAltcoin reports that the current market is in a state of balance, with positive funding rates and no significant liquidation events yet observed [4]. This suggests that while the market is closely watching the price action, it has not yet committed to a clear direction. However, the proximity to these critical levels means that a sharp move in either direction could trigger a rapid response from traders.

On-chain data also supports a bullish case, with rising transaction volume and active wallet counts pointing to increased network activity. This underlying strength could contribute to price resilience and help KAS maintain or gain momentum in the coming weeks [5].

Binance has noted that if KAS breaks above $0.165 with strong volume, short-term targets could reach $0.175–$0.18. While this is a more aggressive forecast than the current technical analysis suggests, it reflects the potential for a sharp upward move if the market regains strong bullish momentum [6].

The broader crypto market is also showing signs of improving sentiment, with several indicators suggesting that bearish conditions are easing. While not directly tied to Kaspa, this broader risk-on environment could indirectly benefit KAS by encouraging more speculative and leveraged positions.

In conclusion, Kaspa is at a pivotal moment with technical levels and liquidity clusters signaling potential for a significant move. Short traders, particularly those with positions below $0.093, face increasing risks should the price move upward. The market remains in a decision phase, but current indicators are trending in favor of long positions and caution for short traders.

Source:

[1] Short Traders Could Be in Trouble if Kaspa (KAS) Price Breaks This Level – Here’s What the Charts Reveal (https://coinmarketcap.com/community/articles/689b57feb50d914bd96d2116/)

[4] Short Traders Could Be in Trouble if Kaspa (KAS) Price Breaks This Level – Here’s What the Charts Reveal (https://captainaltcoin.com/short-traders-could-be-in-trouble-if-kaspa-kas-price-breaks-this-level-heres-what-the-charts-reveal/)

[5] (영)코인 종합 (https://www.quantumbot.co/english-news/)

[6] Latest BLOCKDAG News, Opinions and Feed Today (https://www.binance.com/en/square/hashtag/BLOCKDAG)