The support and demand level of $0.1600-$0.1500 surprisingly supported the price and gave it a tremendous bounce.

the price of #KLAY 🚩 after reaching this level, first broke the downward trend line and then grew by more than 50% and reached the resistance and supply level of $0.2600-$0.2700. At this level, most of the buyers, who were mostly short-term and medium-term buyers, started selling after earning profit, and the price decreased.

It is possible to re-support the price in the $0.210-$0.2170 area, but it's not the main support level.
If this level is broken, the price may return to the main support level

#KLAY🚩 price has returned to the demand area from which it was previously pumped by more than 50%.

As the price reached the resistance level of $0.2600 - $0.2700, the price started to decline and exactly returned to the area of ​​$0.1600 - $0.1500, this area has already supported the price well. Therefore, the possibility of re-support is very high.

If the current level is violated and the price drops below the support level, the situation will become more critical and the possibility of further price reduction and reaching the level of $0.1200 will increase. This level is almost the price floor of this currency.