a short technical analysis and trade signal for $KAITO š„šÆ
/USDT based on the provided data:
Technical Analysis (Short-Term)
Trend: Strong bullish momentum
Volume: High trading volume confirms price action strength
Resistance Levels: $1.97 (tested), next around $2.10
Support Levels: $1.74 and $1.62
Indicators (assumed): Likely overbought on RSI but momentum still favors buyers
Trade Signal: LONG (Buy)
Entry Zone: $1.90 ā $1.94
Stop Loss: $1.74 (below key support)
šÆ Target Levels:
Target 1: $2.10
Target 2: $2.25
Target 3: $2.50
Momentum:
Bias: Bullish
Confidence: High (strong volume + breakout pattern)
Risk Level: Moderate (after large move; watch for pullbacks)
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