$KAITO – BEARISH RETEST IN PLAY!

After losing support at the $1.66–$1.68 zone, $KAITO is now showing clear weakness. The recent retest of this broken structure failed to reclaim it, confirming seller strength. Price action suggests a potential move toward lower support if this momentum continues.

📉 Market Breakdown

Current Price: $1.639

Retested Resistance: $1.66–$1.68

Breakdown Confirmed: Bearish engulfing after failed reclaim

📊 Trade Setup (Short)

Entry: $1.6390

TP: $1.5500

SL: $1.6637

RR: 3.4+

This setup capitalizes on a textbook bearish retest — if $KAITO continues to reject the resistance zone, the downside has room to play out.

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