$KAITO (2h) – Elliott Wave Update: Wave (3) Completed, Retracement Zone Ahead!

#KAITO has delivered a stunning run, completing a clean Wave (3) near the $1.20 mark. This move confirms strong bullish momentum — but now we enter a key corrective phase: Wave (4).

Here’s the breakdown:

Wave (3) topped out impressively at $1.20, showing explosive upside strength.

Based on Elliott Wave Theory, a Wave (4) pullback is healthy and expected before launching into Wave (5).

The first major support zone sits at the 0.382 Fib level = $1.027, which often acts as a bounce area for Wave (4).

A deeper correction could test levels closer to $1.00 psychological support.

If we hold above the $1.02–$1.00 zone, it sets the stage for Wave (5) — potentially pushing price to new local highs.

Key levels:

Support Zone: $1.027 – $1.00

Invalidation: Break below $0.96 would challenge the wave count.

Next Target (Wave 5 projection): TBA upon confirmed Wave 4 bottom.

Keep this setup on your radar — high-probability wave structures like this are where opportunities live!