$KAITO – Bullish Breakout Setup Forming on 8H Chart
Chart Pattern: KAITO is currently testing the upper boundary of a falling wedge on the 8H timeframe — a classic bullish reversal structure. A confirmed breakout above this level could trigger significant upside momentum.
Market Sentiment: Bullish momentum is gradually building. A volume spike will be key to validating the breakout. Traders are watching closely for confirmation before jumping in.
Key Levels:
Resistance to Break: $1.35
Immediate Support: $1.21
Breakout Zone: Above $1.36 on strong volume
Trade Setup:
Entry on Breakout: $1.37–$1.39 (confirmation candle with rising volume)
Stop-Loss: $1.21 (below wedge support to manage risk)
Target 1: $1.48
Target 2: $1.59
Target 3 (Extension): $1.72 (if momentum sustains)
Next Move: Monitor for a clean close above the wedge with accompanying volume surge. If confirmed, the breakout could unlock a short-term bullish rally.
Ideal for swing traders eyeing a strong risk-reward setup.
Stay alert — $KAITO could be ready to rip past resistance.
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