$KAITO Long Liquidation Spotted: $1.98K at $1.8848
The bulls took a hit as $KAITO saw a long liquidation cluster around the $1.8848 mark, signaling a moment of weakness—but also opportunity.
What This Means:
A long liquidation of this size, though not massive, indicates over-leveraged traders being wiped out. This often triggers panic—but for smart traders, it opens a new zone of interest.
Analysis Zone:
The price is now hovering around a critical short-term support zone. With the liquidation point acting as a potential bounce level, we’re watching this closely for either a reversal or further breakdown.
Buy Zone: $1.83 to $1.87 (wait for signs of strength or volume spike near this zone)
Target 1: $2.02 (minor resistance)
Target 2: $2.15 (key breakout level from last rejection)
Stop Loss: $1.79 (below the liquidity sweep zone and local support)
Technical Setup Insight:
This setup thrives on volatility. If $KAITO holds above $1.83 with increased buying pressure, a sharp reversal could push it back toward $2+ levels. However, if it fails to hold $1.83, the market may be hunting deeper liquidity.
Final Take:
The pain of liquidation creates the potential for the next move. This is the kind of pressure that often births momentum. The zone is live, the risk is defined, and the game is on.