$KAITO Short Selling Signal - Sharp Decline from Local High, Sellers Continue to Press!
Its price has fallen by about 10% during the day and is now trading at $1.6660 after failing to hold gains above $1.85.
The hourly chart shows a clear rejection and consistently lower highs, confirming that momentum has turned bearish.
Bulls are losing control as support levels break one after another.
The price is now forming a downward channel with no signs of a rebound, and trading volume favors the red candles. Any unproductive rebound towards $1.70 represents a new selling opportunity.
Trading Settings (Short Selling):
Entry Area: $1.67 - $1.71
Targets:
1: $1.61
2: $1.53
3: $1.46
Stop Loss: $1.75
Buy and Trade Here $KAITO
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