📈 Analysis and forecast for $KAITO : is it time to enter? 📉
As of June 7, 2025, 18:18 EEST, the rate $KAITO on Binance is $1.6512, with a drop of 4.24% over the last 24 hours. The trading volume for the day is around $70M, and the market capitalization is $398M (with a circulating supply of 241M tokens). The decline is related to a correction after recent growth and overall market volatility.
Technically, $KAITO demonstrates bearish momentum. On the 4-hour chart, the 50-day SMA crossed below the 200-day, indicating a short-term downward trend. RSI (14) around 40 indicates an approach to the oversold zone, while MACD shows a bearish crossover. Key resistance is at $1.73; breaking above may return the price to $1.80. Support is at $1.60, below which pressure will increase to $1.50.
Forecast: by the end of June, KAITO may consolidate in the range of $1.50–$1.73 with low volumes. By July 2025, a bounce back to $1.80 is possible if the market stabilizes. By the end of the year, the target is $2.00–$2.50, provided there is an increase in interest in AI projects. The long-term potential for 2026 is $3+, if the ecosystem strengthens. Fundamentally, $KAITO maintains interest due to AI and InfoFi, but the current correction poses a risk.
Is it time to enter? The price of $1.6512 is close to the support of $1.60, and the RSI at 40 indicates a potential reversal. A drop of 4.24% over the last 24 hours creates a buying opportunity at the level of $1.60–$1.65 with a stop-loss at $1.50. The target is $1.73–$1.80. Posts on X indicate a cautious sentiment but advise monitoring volumes. Entering now is justified upon confirmation of support! #KAITO #Binance #CryptoAnalysis
