$KAITO /USDT TRADE SETUP & ANALYSIS
Bullish Scenario (Trend Continuation):
Entry: Above $1.99–$2.00 breakout with confirmation (4H close).
Target 1: $2.20
Target 2: $2.30+
Stop-loss: Below $1.85 or trendline/EMA support
The chart clearly shows a bullish structure, forming higher highs (H) and higher lows (L).
The asset peaked near $2.30 and is currently retracing to retest support levels.
Support & Resistance:
Immediate resistance: ~$2.00 (psychological + previous high zone)
Key support levels:
~$1.85 (close to EMA and trendline support)
~$1.70 (previous consolidation area)
Major base: ~$1.60
Indicators:
Green moving average (likely EMA) is providing dynamic trend support.
Price is hovering around EMA, decision zone for bulls/bears.
Previous Peak Profit Zone:
“Peak Profit 15,714.53% (100x)” suggests recent parabolic rally; may trigger profit-taking and volatility.
Bearish Scenario (Breakdown Play):
Entry: Below $1.85 with strong volume breakdown
Target 1: $1.70
Target 2: $1.60
Stop-loss: Above $1.95
Strategy Tips:
Use trailing stop if price moves favorably.
Monitor volume confirmation on breakout/breakdown.
Stick to 2:1 or better Risk:Reward.
Trade $KAITO