$KAITO Market Analysis – 26 April 2025

Current Price: $0.992

24H Range: $0.9070 – $1.0065

24H Volume: 8.43M KAITO / 8.14M USDT

Today's Gain: +8.38%

Chart Analysis (1H Timeframe)

The KAITO/USDT pair is currently trading at $0.992, showing a strong +6.66% intraday momentum. After hitting a low of $0.9040, the pair has been steadily forming higher lows and higher highs, confirming a short-term uptrend.

Key observations:

Resistance: Immediate resistance sits at $1.0065, which was recently tested but not yet broken.

Support: Strong support lies around $0.9649 and further down at $0.9424.

Volume: Decent trading volume confirms healthy market interest.

Order Book Sentiment: Sellers (59.09%) are currently outweighing buyers (40.91%), suggesting some caution as we approach resistance.

Trading Signals

For Traders:

Buy Signal:

Enter near $0.9649 support area if the price retraces, targeting $1.0065 and $1.0117.

Sell Signal:

If price rejects $1.0065 again with strong bearish candles, consider shorting with targets around $0.9649.

Breakout Trade:

A clear 1H candle close above $1.0065 could trigger a breakout, with next resistance seen at $1.0200+ (psychological zone).

Indicators Recommendation:

Watch for EMA crossovers on 15m and 1h for early entries.

MACD bullish crossover confirmation is recommended before entering.

Summary

$KAITO is showing short-term bullish momentum, but immediate resistance at $1.0065 is key. A breakout above could fuel further upside, while failure to break may lead to a pullback towards $0.9649. Trade with caution and always set stop-loss!

#KAITO #CryptoTrading #TradingSignals #Binance #CryptoAnalysis #PricePrediction