Kaspa is back on traders’ radar after a wild ride in June. The price action has been choppy, but what’s really turning heads now is that $0.09 level. According to a tweet from Kaspa Daily, if KAS price reaches that point, more than $30 million in short positions could get liquidated.

That potential squeeze has everyone watching closely. Despite the pressure, community sentiment has stayed impressively strong. And now, both the sentiment and the charts seem to be pointing toward a possible breakout moment.

Looking at the liquidation heatmap, you’ll notice a heavy build-up of short positions between $0.078 and $0.09. KAS is currently hovering just below that at around $0.0769. If it manages to break into that zone, things could get interesting fast. Those short traders would be at risk, and liquidations could kick in, fueling a sharp move up.

If Kaspa makes it to $0.09, about $30 million in shorts would be forced to close.

That level could spark a short squeeze and push the price higher, so it’s one to watch. pic.twitter.com/ORonzVVqLb

The bars under the chart show where leveraged trades are stacked, and there’s a lot of volume sitting above $0.08. With many of those trades running at 25x to 50x leverage (marked in orange and yellow), it wouldn’t take much to trigger a wave of forced buy-backs. That’s exactly what Kaspa Daily hinted at, a short squeeze waiting to happen above $0.09.

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The chart also shows long liquidations stacked between $0.073 and $0.076. If the price moves downward, these positions could be forced to close. However, the red liquidation curve flattens around $0.072, suggesting most high-leverage longs were either cleared earlier or have stop-losses set below that range.

Support remains near $0.062–$0.066, where the KAS price bounced on June 20–21. This zone remains relevant in case of downside pressure.

Kaspa’s community sentiment remained above 85% throughout June, despite the token falling nearly 30% from its early-month high. While price declined, sentiment began recovering around the June 20 low. It then climbed above 90% as the price stabilized near $0.078.

Kaspa’s recent dip to the $0.06 support level triggered volatility, but investor conviction held strong.

Sentiment remained stable in the 85 – 90+ range, showing resilience despite the price pressure. pic.twitter.com/0nHc6pL84o

This divergence between price and sentiment suggests continued support from longer-term investors or optimism from the public in a possible comeback.

Also, the $0.078–$0.080 region is presently acting as a short-term resistance. A breakout above here could pick up momentum towards the $0.09 target. However, if the KAS price returns below $0.074, bullish momentum may stall. Both price structure and sentiment now point to a pivotal moment for Kaspa’s short-term trend.

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The post Kaspa (KAS) Price Eyes $0.09 – Will $30M in Shorts Burn as Sentiment Stays Sky High? appeared first on CaptainAltcoin.

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