$KAITO /USDT Market Analysis and Short Trading Setup
Trend:
Bearish (Price declining after a strong upward movement, breaking below short-term moving averages)
Current Price:
1.3479
Entry Point:
Short near 1.3500 - 1.3550 (If price retests resistance)
Target:
1.3300 (Recent support level)
Take Profit:
1.3300
Stop Loss:
1.3650 (Above recent resistance)
Conclusion:
KAITO/USDT is experiencing a pullback after a bullish move. If price fails to reclaim 1.3550, it could continue downward. A short position could be considered, but a break above resistance would invalidate the trade.
#BNBChainMeme #VoteToDelistOnBinance #PoWMiningNotSecurities #VoteToListOnBinance #TrumpAtDAS
