$KAITO

Below is the trend analysis based on the KAITO/USDT price chart:

1. Price Trend

Current price: 1.8576 USDT, up 22.43% compared to before.

Highest price in 24h: 1.9885 USDT.

Lowest price in 24h: 1.4211 USDT.

Strong upward trend with a long green candle, indicating overwhelming buying pressure.

2. Technical Indicators

Bollinger Bands:

Price has exceeded the upper Bollinger Band (1.8871), indicating a strong upward trend but also the possibility of short-term correction.

RSI (6): 89.16 – Overbought zone, a correction may occur in the near future.

MA (5, 10): MA(5) is higher than MA(10), confirming the upward trend.

Stochastic (K: 68.39, D: 71.16, J: 62.87): Near the overbought zone, selling pressure may occur.

3. Trading Volume

Trading volume is high, confirming the upward trend supported by significant capital inflow.

4. Trend Forecast

Current trend: Strongly upward but may soon have a slight correction.

If the price continues to stay above the support level of 1.85, it may continue to rise to the 2.0 range.

If it corrects, the price may return to test the support level of 1.75 - 1.78.

=> Trading strategy:

Investors may wait for a correction to buy in if the price maintains above support.

If profits have been realized, consider taking partial profits as RSI is in the overbought zone.