$KAITO has just triggered a short liquidation at $0.98959, which means bearish positions have been squeezed out as price pushed higher. These moves usually signal strong buying pressure, but they can also be followed by a healthy pullback before the next leg up. I'm looking for price to retest support instead of chasing the breakout.
If buyers hold the retest and volume remains strong, KAITO has room to continue toward the next resistance levels. A break below the support zone would weaken the bullish structure, so patience is important before entering.
EP: $0.9820 – $0.9900
TP: $1.0200 | $1.0500 | $1.0900
SL: $0.9650
This setup is based on the recent short liquidation, market structure, and key support and resistance levels. Wait for confirmation before entering and always use proper risk management.
