Good afternoon, Binance family 💞 I wanna share my thoughts on #KAITO As you can see, #KAITO is currently in a downtrend, presenting a golden buying opportunity. Now is the time to grab the dip and position yourself for potential profits! Once this downtrend reverses, $KAITO could surge to $3 or even $4 by tomorrow. Don't miss out❗$KAITO /USDT - Strong Surge, But Can Bulls Hold the Gains❓$KAITO is currently trading at $2.7564, showing a 32.14% increase in the last 24 hours, after reaching a high of $2.9274. The recent momentum suggests a strong push, but resistance could challenge further gains.
Key Levels to Watch
Resistance: $2.9274 – A breakout could send KAITO towards $3.00 and $3.10.
Support: $2.6519 – Holding this level is crucial to maintain bullish momentum; failure could see a dip toward $2.50.
Trade Setup
Long Entry: Above $2.80, targeting $2.90, $3.00, and $3.10.
Short Entry: Below $2.70, with downside targets at $2.60 and $2.50.
Stop-Loss (SL): $2.50 – A drop below this could indicate trend weakness.
Market Insights
Parabolic SAR remains bullish, suggesting continued momentum unless rejected at resistance.
MACD is positive, reflecting sustained buying pressure.
Order book shows 59.28% buy dominance, indicating bulls are still in control.
Can KAITO push through key resistance, or will sellers take over? Watch the price action closely for the next big move.
KAITO