$KAITO /USDT – Bearish Consolidation in Progress!
Momentum Analysis: KAITO has been facing some downward pressure, with a 14% drop in price within the last 24 hours. The price has bounced between $1.96 and $2.43, indicating a bearish consolidation phase.
Long Setup:
Entry Zone: Look for a bounce near $1.95 or lower if the price continues to retrace.
Targets:
T1: $2.00
T2: $2.10
T3: $2.15
Stop Loss: $1.92
Breakout Confirmation Level & Key Support:
Breakout Level: $2.10 (a solid breakout could push price toward $2.30+)
Key Support: $1.95 – This level will be critical in determining whether the price continues to retrace or attempts a recovery.
Pro Tip for Traders: Watch for any significant volume surges to confirm trend reversal signals. A sustained break above $2.10 could shift the momentum.
Relevant Hashtags: #KAITO #USDT #CryptoTrading #BearishConsolidation #EntryStrategy