KAITO/USDT has surged +1868%, currently at $1.9680, with a high of $2.10 and a low of $0.10 in the past 24 hours.
Key Indicators:
RSI(6) is 83.32, indicating overbought conditions—possible short-term pullback.
Bollinger Bands show upper resistance at $1.99, meaning it is already testing resistance.
Recent parabolic move from $0.10 to $2.10, suggesting high volatility and potential profit-taking soon.
Can It Reach $10?
The momentum is strong, but a pullback is likely before further upside.
If buying pressure continues and it breaks $2.50-$3.00, it could push higher.
However, sustainability is key—if it’s a new listing or hype-driven, a correction could happen.
Strategy:
Watch volume and support levels—if it holds above $1.50-$1.70, it could stabilize for another leg up.
A break above $2.10 with strong volume could indicate a move toward $3+.
