Here is the technical analysis post based on your chart:
$KAITO OUSDT SHORT TRADE SIGNAL🔴 – BEARISH STRUCTURE BREAKDOWN IMMINENT
Price action has broken out of the ascending channel and is now retesting a key demand zone as resistance. A clean rejection confirms bearish control, with a high probability of downward continuation toward major liquidity zones.
📉 Trade Setup:
Entry Point: 1.2799 – 1.2707
Stop Loss: 1.2960
Take Profit: 1.1702
Margin: 2-3% of wallet
Leverage: 10x
📊 Market Outlook:
Momentum has shifted bearish after the breakdown from the rising channel. Price is facing strong resistance around 1.2950–1.2960, and failed bullish continuation confirms a potential major drop. Volume and candle structure align with a bearish follow-through toward the 1.17 support zone.
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