📉 $KAITO Takes a Hit – Prime Buying Zone or More Downside Ahead?

Just hours ago, I pointed out the weakening trend in $KAITO , and as expected, the price has slipped toward $2.50, now trading at $2.1858, marking a 7.46% decline in the past 24 hours. With selling pressure mounting, the key question remains: Is this the perfect accumulation point before a rebound, or will the downtrend continue?

🔹 Crucial Price Levels to Watch

Resistance: A breakout above $2.27 could fuel a recovery towards $2.40 – $2.50.

Support: Holding above $2.13 is crucial—losing this level could push the price further down to $2.00 – $1.85.

🔹 Strategic Trade Setups

✅ Long Position: Enter above $2.22, with profit targets at $2.40 & $2.50.

✅ Short Position: A breakdown below $2.13 could open the door for $2.00 & $1.85.

❌ Stop-Loss Placement: Keep risk controlled—$2.25 for longs, $2.17 for shorts.

🔹 Market Sentiment – Bearish or a Reversal Incoming?

Parabolic SAR continues to indicate a downtrend.

MACD remains deep in bearish territory, confirming weak momentum.

Order Book Analysis: With 72.52% sell-side dominance, the market remains fragile, hinting at a potential extended decline.

Will $KAITO find its footing and stage a comeback, or are lower levels inevitable? Keep an eye on trading volume & breakout confirmations before making your move! 🚀📊

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