#KAIAUSDT Short Probability Forming KAIA/ USDT in a Bullish Market Environment ❓
KAIA/USDT presents a potential short opportunity amid current market conditions. Despite the broader crypto market showing bullish trends, KAIA has been displaying weakness. It recently failed to hold above key resistance around $0.134, and is now hovering near $0.119. Technical indicators, including a bearish RSI below 40 and several moving averages flashing “sell,” suggest downward pressure. If price breaks below $0.116 support, it could drop toward the $0.100 level, offering room for profit on a short position.
However, caution is crucial. The overall market sentiment remains bullish, which could lead to sudden upward reversals. Additionally, the long/short ratio indicates a fairly balanced market, hinting at possible volatility. A well-placed stop-loss above $0.134 is advised to limit risk. Traders should avoid over leveraging and monitor broader market momentum closely, as a sudden recovery in altcoins could invalidate the short thesis. Patience and discipline are essential in executing this trade safely.
