$KAITO “Pop & Fade” Setup After Local Blow-Off!
$KAITO surged into 1.4690 but failed to hold momentum on the 15-min chart. The sharp rejection candle signals a blow-off top, with selling pressure building and bulls losing steam — perfect moment for a tactical short.
📉 Short Trade Setup
• Entry Zone: 1.4250 – 1.4350
• TP1: 1.3980
• TP2: 1.3670
• TP3: 1.3420
• Stop Loss: Above 1.4725
Market Insight:
The chart shows a classic V-top reversal pattern, and early lower highs are forming. Short-term buyers are likely trapped above 1.46, increasing the chances of a retracement. Volume tapering off and RSI divergence hint at momentum loss.