$KAITO/USDT – Heavy Sell-Off, Is a Reversal on the Horizon?
Price: $1.7268
Change: -18.73%
$KAITO is facing intense bearish pressure, currently trading at $1.7463, down 17.57%. It reached a high of $2.1969 and a low of $1.7234. The price is struggling to hold its support level, and momentum remains weak.
Key Levels to Watch:
Resistance: $1.8000 – A breakout above this level could drive the price toward $1.9000 and $2.0000.
Support: $1.7200 – A breakdown below this may result in further declines, with potential targets at $1.6500 and $1.5800.
Trade Setup:
Long Entry: Above $1.8000, targeting $1.9000 and $2.0000.
Short Entry: Below $1.7200, with targets at $1.6500 and $1.5800.
Stop Loss: Consider placing at $1.7500 to manage risk.
Quick Tips:
The MACD indicates strong bearish momentum, and any reversal needs solid confirmation.
The order book shows 68.35% sell-side pressure, suggesting caution.
A move above $1.8000 may signal a recovery, but failure to hold could lead to further losses.
Will $KAITO stabilize or face another leg down? Stay vigilant!
