Here is the technical analysis based on the provided chart:
$KAITO USDT SHORT TRADE SIGNAL 🔴
Price has rejected from a local high near 1.4388 after a breakout rally and is now showing signs of weakness at the previous support zone. A bearish retest is in play, confirming the potential for a deeper downside move if the 1.3984 zone breaks down further. Sellers are gaining control, and the chart structure supports a bearish continuation.
Trade Setup:
Entry Point: 1.3984 - 1.4010
Stop Loss: 1.4388
Take Profit: 1.2435 / 1.2424
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market: Bearish sentiment is growing with a visible lower high forming and loss of bullish momentum. The 1.4388 resistance is holding firm, and volume has started to decrease — suggesting bulls are weakening.
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buy and trade here on $KAITO
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