A recent short liquidation of $9.97K happened at $1.65419 for KAITO. This signals strong market movement. Now, let’s analyze the next move with a Buy Zone, Target, and Stop Loss to help you make an informed decision.
📌 KAITO Market Outlook
The liquidation suggests bullish pressure, as shorts are getting squeezed.
If buying momentum continues, KAITO may push higher.
However, a correction could also happen before the next move.
📈 Recommended Trade Setup
✅ Buy Zone (Entry Range):
$1.58 - $1.62 (Look for a dip before entering)
🎯 Target Levels:
1️⃣ First Target (Short-term): $1.72
2️⃣ Second Target (Mid-term): $1.85
3️⃣ Final Target (Long-term): $2.10+
🚨 Stop Loss (Risk Management):
$1.52 (If price drops below this, exit to avoid big losses)
📊 Key Insights & Strategy
🔹 The short squeeze at $1.65419 indicates that many traders betting on price drops got liquidated.
🔹 If price retraces to the Buy Zone ($1.58 - $1.62), it could be a good entry.
🔹 Set a Stop Loss at $1.52 to protect capital.
🔹 First target $1.72, but if momentum is strong, it can reach $2.10+.