🚀 $KAITO Attempts a Comeback – Trend Reversal or Temporary Relief? 🔄
🔹 Current Price: $1.1679
🔹 24h Change: +3.10%
🔹 24h High: $1.1679
🔹 24h Low: $1.1115
🔹 24h Volume: 5.18M $KAITO | 5.93M USDT
📊 Technical Highlights:
✅ RSI(6) at 67.3 — Nearing overbought territory, signaling strong momentum
✅ EMA(7) at 1.1515 just crossed above EMA(25) at 1.1429 — early bullish signal
✅ Price is approaching EMA(99) at 1.2514 — a critical resistance to watch
✅ Volume steadily rising — supporting the upward push
✅ Higher low formed at $1.0771 — first sign of structural recovery
🎯 Take Profit Targets:
- TP1: $1.230 ➜ +5.31%
- TP2: $1.295 ➜ +10.89%
- TP3: $1.395 ➜ +19.42%
🛡️ Stop-Loss Suggestion: $1.115 — Below the recent local low for protection
💡 Smart Reminder: While the current bounce is promising, breaking above the EMA(99) is key to confirming a trend reversal. Monitor RSI closely — any cross above 70 could indicate exhaustion.
Is $KAITO building momentum for a major reversal? Or will it stall beneath the 99 EMA wall?
Drop your insights below 👇