$KAITO /USDT ๐ป BEARISH BREAKDOWN โ CAN IT FALL FURTHER?
๐น Current Price: 1.6678 (-9.18%)
๐น Key Resistance: 1.92 โ Strong supply zone
๐น Key Support: 1.60 โ Breakdown confirms more downside
๐ Trade Setup (SHORT):
๐น Entry: Below 1.66 (After confirmation)
๐น Targets: ๐ฏ TP1: 1.40 ๐ฏ TP2: 1.13
๐น Stop Loss: Above 1.80
โ ๏ธ Market Outlook:
KAITO/USDT has lost momentum and broken key support, signaling potential downside. A rejection from the resistance zone increases the probability of further decline. However, if buyers regain strength, a reclaim of 1.70+ could invalidate this bearish setup.
๐ Risk Management:
Always maintain proper stop losses, use position sizing, and manage risk wisely. Never risk more than 2% of your capital per trade.
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