📊 KAITO/USDT Perpetual – Breakout Retest in Motion
Current Price: $2.038
Trend Summary: KAITO has just broken above a key horizontal resistance ($2.00) after an extended consolidation phase. Volume supports the move, and momentum is picking up.
🟢 Bullish Continuation – Breakout Setup Active
📈 Entry (Long Idea):
Market entry between $2.01–$2.04, or on retest of $2.00 support zone
🛑 Stop-Loss:
Below $1.89 (below previous support, just under recent higher low zone)
🎯 Take-Profit Targets:
TP1: $2.15 (local resistance zone – May 13 high)
TP2: $2.30 (expansion zone based on prior move structure)
TP3: $2.48 (measured breakout target)
📊 Risk/Reward Estimate:
R:R = ~2.8:1 based on SL near $1.89 and TP2 target
🔍 Technical Notes:
Clear higher low structure and ascending momentum
Breakout volume confirms buyer interest
Watch for retest of breakout for safer confirmation entry
⚠️ Invalidation:
A breakdown below $1.89 invalidates the setup and signals bullish exhaustion
📢 Signal Analyst: @RanaDanialBabar
🕰️ Timeframe: 1H – suited for short-term swing to intraday plays
