$KAITO /USDT Trade Setup. Key Levels to Watch!!!
Chart Overview: #KAITO
The asset is trading at $1.9094, showing a minor uptrend.
Multiple H (High) and L (Low) points marked, suggesting a pattern-based strategy (likely a Head and Shoulders or Range setup).
Support zone: Around $1.60–$1.65.
Resistance zone: Around $1.92–$2.00.
Trendlines indicate compression, possibly forming a descending triangle.
Trade Setup Options:
1. Range Trading Setup (Short-Term)
Buy Entry: Near support zone $1.80–$1.85.
Target (TP): Around $1.92–$2.00 (horizontal resistance).
Stop Loss (SL): Below $1.75.
2. Breakout Setup
Long Entry: On breakout and close above $1.93 with volume confirmation.
Target (TP): $2.10, then $2.25.
Stop Loss (SL): Below $1.90 (previous structure).
3. Breakdown Setup
Short Entry: If price closes below $1.80 (with confirmation).
Target (TP): $1.65, then $1.60.
Stop Loss (SL): Above $1.85.
Indicators to Watch:
Volume spike on breakout/breakdown.
The green/red moving average crossover suggests potential momentum changes.
Consider using RSI or MACD for confirmation.
Trade here on $KAITO #SaylorBTCPurchase