$KAITO /USDT short trade signal 🚦 🛑
BEARISH SETUP — DOUBLE TOP SHOWS SELLERS ARE IN CONTROL!
Price faced a strong rejection near the $1.83 resistance zone, forming a possible double top pattern. A bearish rejection candle confirms selling pressure, with the market now retesting the lower zone near $1.78. If it fails to reclaim higher levels, we could see a sharp drop.
Trade Setup (Short):
Entry: $1.79 – $1.81
Take Profit (TP): $1.71 / $1.65
Stop Loss (SL): $1.835
Market Outlook:
Failure to break the resistance at the top and current wick rejections indicate exhaustion. Watch for a retest and rejection as confirmation before entering short.
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