$KAITO / USDT – Are you ready for the next jump?

Current Context

• Current Price: ~$1.14 (up 10.5% from the previous close).

• Intraday Range: between ~$1.02 and ~$1.18.

• Daily Volume: approximately $25 M, with a market cap close to $262 M

Key Levels

• Entry Zone: $1.14 – $1.18 (recent consolidation)

• Stop Loss: below $1.05 (critical support zone)

• Target 1: $1.20 (first level of horizontal resistance) 

• Target 2: $1.40 (goal derived from Fibonacci extension after the breakout) 

• Target 3 (extended): $1.80 (historical resistance and highlighted area in technical analysis) 

Technical and Fundamental Perspective

• Recent bullish start: KAITO broke a rising channel, generating significant volume and a solid technical structure

• Technical indicators: RSI positive above 50 and MACD with an upward trend, validating the strength of the momentum

• Growing staking: Over 10 million tokens are currently locked, reducing the available supply and putting upward pressure