$KAITO in a closed range but ready to break?
It was tightly holding between support at $1.85 and resistance at $2.00, forming a clear structure in a closed range on the 15-minute chart.
Volume remains steady, and each bounce from support indicates that buyers are still active - although they are not aggressive enough to push for a breakout yet.
If $KAITO can regain the $1.90 level with momentum, a quick rise towards $2.05 could follow. But if it loses the $1.85 area, short-term bearish pressure may take over.
Eyes on the edges of the range - breakout traders may get their moment soon!
Trading setup:
Entry: 1.86 – 1.89
First: 1.95
Second: 2.00
Third: 2.05
Stop Loss: 1.83
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