$KAITO KAITO / USDT – Major Rejection = Short Setup on Deck?
Current Price: $1.2454 (-2.57%)
After ripping +46% to hit $1.45, $KAITO just slammed into serious resistance—and got smacked down. That sharp rejection could be the start of something big for the bears. I’m eyeing this as a solid short opportunity.
My Trade Plan:
Entry Zone: $1.26 – $1.30
Targets:
TP1: $1.18
TP2: $1.05
TP3: $0.95
Stop-Loss: Just above $1.33
Why I Like This Setup:
Clean bearish engulfing on the chart
Strong rejection wicks at the highs
Momentum starting to shift down
A Quick Tip:
I’m watching $1.22 as the trigger. If we get a confirmed breakdown, that’s where I’ll size in heavier. The volatility here means things can move fast—perfect for catching a quick move down.
Fading the hype. Let’s ride this drop.
