
$KAITO is retesting a historical support region after a 12% decline from its peak.
Trading Plan Long $KAITO
Entry: 1.05 – 1.06
SL: 1.04
TP1: 1.07
TP2: 1.09
TP3: 1.13
The asset has fallen from 1.20 to 1.0512 — a 12% drop. The RSI reading at 13 indicates oversold conditions. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 1-hour chart shows a steady decline with lower lows, but the momentum is slowing down significantly. This region has historically attracted buyers, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this zone, the next upside targets are 1.07 and 1.09. The stop is placed tight at 1.04, while TP3 at 1.13 targets a 7% upside from entry.
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