$KAITO /USDT BEARISH SETUP IN PLAY – STRONG REJECTION FROM RESISTANCE EXPECTS DOWNSIDE WAVE!
KAITO is showing signs of exhaustion after retesting the $1.35–$1.38 resistance zone multiple times without a breakout. Price is currently forming a lower high on the 30-min chart, and bearish pressure is increasing with potential for a downward move towards previous support levels.
Trade Setup:
Entry: 1.3450 (market price)
Take Profit (TP): 1.2886
Stop Loss (SL): 1.3806
Outlook: Market structure favors the bears as the price continues to get rejected below resistance, forming a possible double top pattern. A breakdown below $1.34 confirms further bearish continuation. Keep an eye on volume for confirmation and manage risk efficiently in this volatile zone.
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