$KAITO /USDT short trade signal 🚦 🛑
BEARISH REVERSAL ON KEY RESISTANCE — DOWNSIDE MOVE EXPECTED!
Price has formed a rising wedge pattern near a strong resistance zone around 0.92, followed by a breakdown, signaling bearish momentum. The rejection from the resistance level suggests that bulls are losing strength and a short-term retracement is likely. The chart setup confirms a potential short entry on the wedge breakdown.
Trade Setup (Short):
Entry: 0.8960
Take Profit (TP): 0.8440
Stop Loss (SL): 0.9360
Market Outlook:
Momentum is shifting from bullish to bearish after hitting resistance. If the price sustains below 0.89, further downside pressure could trigger a drop toward the next support near 0.84. Risk-to-reward remains favorable for short trades in this setup.
Command: Short the rejection, secure the drop!
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buy and trade here on $KAITO