$KAITO Sharp Spike Print!
KAITO/USDT has recorded a significant price increase of up to +29.29% in the last 24 hours, reaching its highest level at 1.5559 before experiencing a minor correction and is now in the 1.4090 area. This spike comes with very active trading volume, reaching 84.99 million KAITO and 109.89 million USDT.
Technically, a strong breakout is clearly visible from the previous consolidation zone with massive buying pressure. The MACD indicator is starting to show bullish momentum, accompanied by RSI which is now above the 80 level — indicating a short-term overbought condition. However, the EMA(13) that has just crossed above the EMA(21) is an early confirmation of potential trend reversal.
Although it looks attractive, such a rapid price increase is usually overshadowed by high volatility risks, especially if not accompanied by strong fundamental catalysts. Therefore, it is important not to FOMO and to remain disciplined in decision-making.
Disclaimer: Not Promotion & Not Financial Advice
