$KAITO – BEARS TAKE CONTROL, NEXT LEG DOWN LIKELY IF SUPPORT BREAKS!
The price action of $KAITO /USDT currently reflects a bearish structure, as sellers continue to dominate after a failed attempt to hold above the 1.50 region. The price is now trading around 1.4146, down -3.85%, and showing signs of potential continuation to the downside if key supports are breached.
Key Levels:
Resistance Zones:
1.5200 – Near-term resistance
1.5400 – Major resistance and previous rejection zone
1.5000 / 1.4800 – Intermediate supply areas
Support Zones:
1.4145 (Current price level) – Immediate support
1.4000 – Psychological round number
1.3716 – Next strong support zone
1.3600 / 1.3400 – Deeper bearish targets
🔻 Trade Setup (SHORT):
Entry: 1.4145 - 1.4200
Take Profits (TP): 1.4000 / 1.3716 / 1.3600
Stop Loss (SL): 1.4400 (above recent supply zone)
Market Outlook:
Momentum is weakening as the price consistently makes lower highs and lower lows. A bearish engulfing pattern and rejection at resistance confirm bearish sentiment. Volume remains steady, but not enough bullish pressure is seen to suggest reversal yet. Unless bulls reclaim 1.48+, the downtrend is likely to continue.
Risk Management:
Risk only 1-2% of your capital per trade. Maintain proper RR ratio (at least 1:2) and avoid chasing entries. Use limit orders near resistance for precision.
#KAITO #CryptoAnalysis #BearishTrend #ShortSetup #CryptoTrading