$KAITO /USDT – Losing Momentum Near Resistance?
Current Price: $1.85 (-0.50%)
$KAITO is showing weakness near the $1.87–$1.91 resistance zone. The price has failed to reclaim the 7MA and is now trading below key moving averages, signaling a potential downward move if support breaks.
Short Setup:
Entry Zone: $1.86 – $1.83
TP1: $1.80
TP2: $1.76
TP3: $1.72
SL: $1.91
Key Observations:
Price rejected at 7MA ($1.90) and struggling to gain bullish momentum
Lower highs on intraday chart hint at distribution
Volume is declining slightly, indicating reduced buyer strength
Pro Tip:
If KAITO breaks below $1.81 with strong sell volume, it may trigger a quick drop to $1.72. Trail your stop to lock in profits near $1.76.
Caution: Avoid entering if price closes above $1.91 on the 1H chart.
