KVYO: Bullish Divergence at Bottom – Is a Trend Reversal BrewingKlaviyo, Inc. Class ABATS:KVYOibraheeemzKVYO continues to trade within a long-term downtrend, but the technical picture might start improving from here. The stock has formed a bullish divergence while forming strong support around 12.5, suggesting that bearish momentum is weakening. Adding to the bullish case, this week's price action produced a strong bullish engulfing candle accompanied by a significant surge in trading volume—often an early sign of institutional accumulation. The 12.5 level now stands out as a well-defined support and remains the key level bulls must defend. On the upside, the stock faces a series of resistance levels: 15.5 – Initial resistance 18.5 – Intermediate resistance 23.5 – Major resistance and trend-defining level A decisive breakout and sustained close above 23.5 would invalidate the long-term bearish structure and could mark the beginning of a new bullish trend. Key Levels Support / Invalidation: 12.5 Resistance: 15.5 → 18.5 → 23.5 Trend Reversal Confirmation: Strong breakout and sustained close above 23.5 The downtrend is still intact for now, but momentum is shifting in favor of the bulls. For now, good to take trading moves until it breaks either side of the box drawn on the chart.