Kaito (KAITO) Market Analysis — May 2025
Kaito is currently trading around $1.45. After revisiting its support zone at $1.43-$1.45, we’re watching this key area closely. Historically, this zone has acted as a solid base, and as long as Kaito holds above $1.45 with two daily candle closes above this level, the outlook remains bullish.
If this support holds, the next upside target is $2.00, which is the upper resistance tested in past rallies. However, if Kaito fails to maintain above $1.45 for consecutive daily closes, the price is likely to retrace towards the psychological support at $1.00. This level also aligns with a potential double bottom pattern’s neckline, making it a strong bounce zone.
Trade Setup
Entry: $1.45 (only if daily closes confirm support)
Target 1: $2.00
Target 2 (mid-term): $2.50
Stop Loss: Below $1.40 (to protect against deeper retracement)
Bearish Scenario: If support fails, expect a correction towards $1.00 before any significant upward movement resumes. This would still be seen as a healthy retracement, not a breakdown.
Stay patient and watch for daily candle confirmations before taking action.
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