$KAITO – BEARISH RETEST IN PLAY!
After losing support at the $1.66–$1.68 zone, $KAITO is now showing clear weakness. The recent retest of this broken structure failed to reclaim it, confirming seller strength. Price action suggests a potential move toward lower support if this momentum continues.
📉 Market Breakdown
Current Price: $1.639
Retested Resistance: $1.66–$1.68
Breakdown Confirmed: Bearish engulfing after failed reclaim
📊 Trade Setup (Short)
Entry: $1.6390
TP: $1.5500
SL: $1.6637
RR: 3.4+
This setup capitalizes on a textbook bearish retest — if $KAITO continues to reject the resistance zone, the downside has room to play out.
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