$KAITO REJECTED AT $2.10 – BEARS TAKING SHORT-TERM CONTROL
$KAITO is currently trading at $1.9636, pulling back after failing to hold above the $2.00 level. The recent wick rejection near $2.10 signals strong overhead pressure. Volume remains solid at 178.38K, but short-term momentum has shifted bearish.
Key Technical Zones:
• Resistance: $2.00 – $2.10 – Strong rejection zone that needs to be reclaimed for any continuation.
• Support: $1.9520 – If broken, a deeper pullback could unfold.
Trade Setup – Downside Watch for Now
Bearish Breakdown Setup:
• Entry Zone: Below $1.9520
• TP1: $1.9100
• TP2: $1.8600
Bullish Reclaim Setup:
• Entry Zone: Above $2.0000
• TP1: $2.0500
• TP2: $2.1000
Stop-Loss:
• For Shorts: Above $1.9800
• For Longs: Below $1.9500
$KAITO is under pressure—unless bulls reclaim $2.00 fast, a short-term dip looks likely. Watch volume closely for a potential reversal cue.
