📉 $KAITO Analysis!!!
🟡On May 7, the AI-focused token #KAITOShortTrade is making headlines with 100% price surge, according to CoinMarketCap. Its market cap has now surpassed $305 million, fueled by a massive spike in trading volume and investor hype.
🟡The rally appears to be driven by:
🟢Renewed interest in #AI and data-driven crypto projects
🟢Strong social buzz and on-chain activity
🟢KAITO is quickly becoming one of the most-watched tokens in the market right now.
📈Let’s take a look at the #kaito token chart(1-hour time frame):
💡KAITO token failed to break the heavy resistance zone on the first attack, which was expected.
🚨I expect #KAITO🚀 token to drop by at least -10% and if it goes below $1.00 we should expect more declines.