๐ Market Overview Current Price: $1.2978 Intraday Range: $0.8859 โ $1.4500 Trend: Short-term bullish momentum within a broader consolidation phase Key Resistance: $1.4500 (recent high) Key Support: $1.2000 (near support)
๐ KAITO is testing support levels, with potential for a quick bounce towards resistance.
๐ข Entry Zone 1: Pullback Entry ๐ Zone: $1.2500 โ $1.3000 Conditions:
Price pulls back to near support
Low volume on pullback
RSI above 40 for sustained momentum
๐ข Entry Zone 2: Breakout Trade ๐ฃ Zone: $1.3500 โ $1.4500 Conditions:
Breaks above resistance with volume surge
RSI confirms bullish trend continuation
๐ฏ Profit Targets โ TP1: $1.3800 (near-term resistance) โ TP2: $1.4500 (approaching next resistance) โ TP3: $1.5500 (just below highest resistance)
๐ Stop-Loss
Pullback SL: Below $1.2000
Breakout SL: Below $1.3000
โ ๏ธ Risk Management Tips
Risk only 1โ2% of your total capital per trade
Ensure a minimum 2:1 reward-to-risk ratio before entry
Move stop-loss to breakeven once TP1 is hit to protect capital
Avoid overtrading by sticking to quality setups only
๐ DYOR โ always do your own research before making trading decisions and remember that crypto is always changing, so always be careful before jumping in! ๐๐ธ
