$KAITO – Bounce or Breakdown?
🚀 $KAITO: Dead Cat Bounce or Reversal in the Making? 🚀
After that brutal drop from $3 → $0.86, we just saw a sharp bounce off $0.867—but is it legit, or another bull trap? Let’s break it down. 🧵👇
🔹 Key Levels to Watch:
➡ Support: $0.86 – Holding so far, but one bad move could flush it lower.
➡ Resistance: $0.95 / $1.10 – These are the gates bulls must conquer.
🎯 Potential Play:
✅ Reclaim $0.95 → Could trigger a push to $1.10–$1.20.
✅ Hold $0.90 → Gives bulls some breathing room to push higher.
⚠ RSI & Stochastic at rock-bottom levels—this means exhaustion, but also potential for a sharp recovery if momentum kicks in.
🧐 Is this a buy-the-dip moment or a trap? The risk/reward is high, but if KAITO gets volume and breaks past $1.10 with conviction, we could see a major recovery.
What’s your play? Buying, waiting, or fading the bounce? Drop your thoughts below! 🔽
#KAITO #Crypto