$KAITO
TECHNICAL ANALYSIS (TECHNICAL ANALYSIS – 1H)
1. Overview of the trend:
Current price: 1.9010 USDT
Highest price in 24h: 1.9571 | Lowest: 1.7159
Strong increase recently, showing signs of slight correction after breakout
MA(7) > MA(25) and MA(99): confirms short-term uptrend
2. RSI (14):
Current RSI about 71-75 → Overbought area → Short-term correction may occur
If RSI corrects to the 50-55 area while the price remains above MA(25) → continue the uptrend
3. MACD:
MACD has crossed the Signal Line from below → Buy signal
Positive histogram, increasing → Confirms that the uptrend remains strong
4. Volume:
Strong increase in line with the breakout → Large cash flow in, solid signal
TRADING STRATEGY
1. Spot Buy:
Entry: 1.88 – 1.90 USDT
TP1: 1.95 USDT (nearest peak)
TP2: 2.05 USDT (break above peak, according to Fibonacci Extension)
SL: 1.82 USDT (below MA99 and nearest support)
2. Long (Expecting further increase):
Long Entry: 1.89 – 1.91 USDT (after confirming small pullback)
TP1: 1.95 USDT
TP2: 2.07 USDT
SL: 1.84 USDT
Risk - Profit: ~1:2.2, reasonable for Long order
3. Short (Only when reversal signal appears):
Short Entry: 1.95 – 1.96 USDT (if the candle has a long wick/doji and RSI > 80)
TP1: 1.86 USDT (MA25)
TP2: 1.78 USDT (MA99)
SL: 2.01 USDT (above the old peak)