#BTCTrade
I entered my recent $KAITO trade after spotting a bullish flag formation on the 4H chart, supported by rising open interest and decreasing funding rates. ๐ I was targeting a short-term breakout move and set a tight stop below the flag support. Once KAITO hit a major resistance , I exited with an 8% gain. ๐ฏ
๐ Market conditions were key โ low volatility followed by sudden volume spikes hinted at a breakout.
This trade was all about reading momentum and reacting fast. Would I do it again? Definitely, with the same risk management in place.