Kaito (KAITO) Coin Market Update — Pullback Expected After Strong Rally
Kaito recently delivered an impressive pump, exceeding initial targets and rewarding early holders. The coin surged from below $1 to above the $1.20 mark — a gain of around 78% in a short period. However, after testing the $1.20 resistance twice, Kaito is now facing selling pressure as traders book profits.
Current Situation:
Market Cap: $313 million
24h Trading Volume: $687 million (strong liquidity fueling the recent rally)
Resistance Zone: $1.20 – $1.28 (faced rejection twice)
Key Support Levels to Watch for New Entries:
Primary Buy Zone: $1.09 — Ideal entry for those waiting on the sidelines.
Secondary Buy Zone: $1.17 — A slightly higher but safer re-entry area.
Targets (After Pullback Confirmation):
Target 1: $1.20 (previous resistance, now to be flipped)
Target 2: $1.28 (next key resistance level)
Stop Loss:
Below $1.07 — Breaking below this level may trigger deeper correction.
Analysis Summary: Kaito needs to cool down after its sharp rally. Entering at current levels is risky due to the ongoing correction. Safer buys are at $1.09 and $1.17 zones. A close back above $1.20 with strong volume would confirm continuation toward higher targets.
#Kaito #CryptoUpdate #MarketAnalysis #cryptotrading #TechnicalOutlook
