Technical Analysis

Recent technical indicators suggest a potential short-term bearish reversal for

Head and Shoulders Pattern: KAITO has formed a head and shoulders pattern, with a neckline around $1.45. A break below this level could signal further downside.

Support and Resistance Levels: Immediate support sits at $1.43, with potential for a deeper retracement toward $1.38–$1.40 if this level fails. Resistance is noted near $1.50.

Moving Averages: The 20-day Simple Moving Average (SMA) is starting to curl downward, and the price has dropped below both the 20 and 200-day SMAs, indicating potential bearish momentum