$KAITO Infrastructure Token Facing Downward Pressure! 📉
Trade Signal: Bearish
Entry Points:
$1.7700 - $1.7850
$1.8000 - $1.8200
Take Profits:
* $1.7500
* $1.7200
* $1.6800
* $1.6200
Why this trade:
KAITO/USDT has experienced a sharp decline, breaking below key support levels with significant bearish volume, particularly noticeable in the recent red candles. The price action clearly indicates strong selling pressure and a shift in momentum to the downside. Despite being an "Infrastructure" token, the short-term outlook is bearish. This trade aims to profit from the continuation of this downtrend, with entries on minor retracements to former support levels now acting as resistance.