$KAITO hovering above $1.5680 demand zone bounce incoming or breakdown ahead?

Price has dropped from the $1.80+ resistance and now rests just above the critical $1.56–$1.60 support, a historically strong demand area. With a clean rejection from higher levels, a short-term bounce is possible but a break below $1.5680 could open downside risk.

🎯 Targets & SL

TP1: $1.6217

TP2: $1.6310

SL: Hold in spot & hold till near support

📌 Support & Takeout Zone

Support: $1.5680

Takeout Zone: If $1.5680 breaks, deeper downside likely. Bounce confirmation above $1.6070