$KAITO

【KAITO/USDT Price Trend Analysis】

1. Candlestick Formation:

- The recent candlestick shows a price retreat from a high point, forming a clear downtrend.

- A long upper shadow candlestick has recently appeared, indicating heavy selling pressure above.

2. Technical Indicators:

- MACD: Currently, both DIF and DEA are trending downwards, and the MACD histogram is in negative territory, showing that bearish strength is dominant.

- RSI: RSI has retreated from the overbought zone and is currently in a neutral to weak area, suggesting a potential continuation of the adjustment.

- EMA: The short-term EMA (7) has crossed below the long-term EMA (30) and is approaching the EMA (120), indicating short-term downward pressure.

3. Trading Volume:

- After the surge, trading volume has significantly increased and then gradually shrunk, indicating a cooling market sentiment.

- Current trading volume is relatively stable, with no obvious signs of increased or decreased volume.

【Buy/Sell Points】

- Buy Point One: 1.600 USDT (close to the previous swing low, likely to generate buying support)

- Buy Point Two: 1.550 USDT (near a round number, historically has had strong support)

- Long Stop Loss Point: 1.520 USDT (falls below an important support level, confirming a downtrend)

- Sell Point One: 1.700 USDT (close to the previous swing high, facing selling pressure)

- Sell Point Two: 1.750 USDT (round number, likely to form strong resistance)

- Short Stop Loss Point: 1.780 USDT (breaks through a key resistance level, indicating increased upward momentum)

KAITO's 1-hour price trend: Down

This analysis is for reference only and does not constitute investment advice.