SL hit ,I took first trade and first SL hit🧐

$KAITO /USDT BEARISH SETUP: A CLEAN REJECTION ZONE MAY TRIGGER STRONG SELL-OFF!

Price is currently hovering near 0.7768 after breaking down from the key support zone. We are now anticipating a pullback toward the 0.7839 resistance level. A bearish confirmation in this area will provide an ideal short entry opportunity as sellers regain control.

Trade Setup:

Short Entry: 0.7839 (after bearish confirmation)

Take Profit (TP): 0.7430

Stop Loss (SL): 0.8009

Market Outlook:
Momentum is weakening with lower highs forming consistently. A rejection from the 0.7839 level would validate the breakdown and offer a high-probability continuation toward the next support around 0.7430. Manage your risk tightly in case of fakeouts.

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