$KAITO /USDT – BEARISH RETEST UNDERWAY AFTER FAILED BREAKOUT!
$KAITO recently attempted to break the $2.00 psychological resistance but failed to hold gains. After a sharp rejection from $2.0014, the price is now consolidating near $1.87, forming lower highs on the intraday chart. This structure hints at a potential pullback toward key support zones. With declining volume and rejection wicks appearing, bulls are losing momentum.
Trade Setup (Short):
Entry Price: $1.8800 – $1.9200
Target 1: $1.8300
Target 2: $1.7600
Stop Loss: $2.0100
Why Short?
Despite strong 30-day performance, KAITO is showing weakness near local highs. RSI divergence and failed breakout at $2.00 suggest exhaustion. If price stays below $1.90, a drop toward the $1.76–$1.83 support range becomes likely.
Risk Management Tip:
Respect the SL above $2.01 — avoid chasing late entries and always size your position wisely.
Sell smart — don’t chase green candles when the trend is turning red!
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