KILT/USD declined in its latest intraday trading, with the short-term downtrend fully dominating as the price moves along a supporting slope for this bearish trajectory. Continued negative pressure stems from trading below the 50-period simple moving average. In addition, RSI indicators are sending negative signals after reaching strongly overbought levels, forming a bearish divergence that intensified the selling pressure.

Therefore, we expect the price to fall in upcoming intraday sessions, as long as it remains below the 0.030769 resistance level, targeting the support level at 0.019251.

Todays price forecast: Bearish