$KAITO Key Rejection in Play!
$KAITO is testing a strong resistance zone around $1.307-$1.310 (blue zone). Previous price action shows a sharp rejection from this level, leading to a significant drop. If rejection occurs again, we could see a retracement towards the $1.25-$1.26 support zone.
However, if bulls manage a breakout above resistance, the next target could be the $1.35-$1.37 supply zone (green).
Trading Advice
Bearish Scenario: A rejection from $1.307 could trigger a short opportunity targeting $1.26.
Bullish Scenario: A clean breakout with retest above $1.310 could push price towards $1.35+.
Risk Management: Wait for confirmation before entering trades, as price is at a critical decision point.
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