🚀 $KAITO Abrupt drop and impressive recovery!
In recent days, KAITO faced a significant drop, reaching a low of $0.67 in April 2025. However, the cryptocurrency demonstrated a remarkable recovery, surpassing $2.00 and currently trading at around $1.97.
📊 Important Technical Levels
Supports: $1.76, $1.65
Resistances: $2.07, $2.22
The formation of a "golden cross" between the 20 and 50-period exponential moving averages on the daily chart confirmed a trend reversal to bullish. Additionally, the analysis of the In/Out of the Money Around Price (IOMAP) indicator shows strong support between $1.76 and $1.82, where approximately 3.31 million KAITO were acquired, indicating a solid price base.