$KAITO AT CRITICAL DEMAND ZONE โ BOUNCE OR BREAK? ๐
$KAITO has dropped sharply from the $1.80+ resistance and is now sitting right above a major support zone near $1.56โ$1.60. This level previously triggered strong bullish moves โ will history repeat itself?
With a clean rejection from above and price nearing demand, a short-term bounce setup is now on the radar!
๐ Current Price: $1.6069
๐ Support Zone: $1.5680 โ $1.6070
๐ Resistance Zone: $1.6310 โ $1.6810
๐ Trade Setup (Bounce Play):
๐น Entry: $1.6070
๐ฏ TP1: $1.6217
๐ฏ TP2: $1.6310
โ SL: $1.5680
โ ๏ธ If the support fails, expect deeper downside. Always use a stop-loss.
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