$KAITO
The entry price for KAITO/USDT will depend on your strategy (Long or Short) and a reasonable entry point based on technical analysis. Below are the suggestions:
1. Determine the current trend
Current price: 1.8576 USDT
24h highest price: 1.9885 USDT
24h lowest price: 1.4211 USDT
Main trend: Strongly bullish, but RSI is overbought (89.16), a short-term correction may occur.
2. Entry price suggestions
Case 1: Open a Long position (Buy)
If the price corrects, you can enter around 1.75 – 1.78 USDT (nearest support).
Stop Loss: 1.68 USDT (below support).
Take Profit: 1.95 – 2.0 USDT (resistance).
Case 2: Open a Short position (Sell short)
If the price continues to rise strongly, you can Short at 1.95 – 2.0 USDT (resistance area).
Stop Loss: 2.05 – 2.1 USDT (to avoid early liquidation).
Take Profit: 1.75 – 1.78 USDT (nearest support).
3. Conclusion
If you want to Long, you should wait for the price to correct to support.
If you want to Short, you should wait for the price to hit resistance to enter.
Manage risk by setting Stop Loss and not using too high leverage.