$KAITO /USDT SHORT TRADE SIGNAL
Price is at 1.2363, showing bearish momentum with a -0.59% decline. It is trading below the middle Bollinger Band (MB: 1.2273) and is approaching the lower band (DN: 1.1911), indicating selling pressure.
Trade Setup:
· Entry: 1.2350 - 1.2400
· TP1: 1.1911 (Lower Bollinger Band)
· TP2: 1.1800
· SL: 1.2550 (Above Middle Bollinger Band)
Market Outlook: The price is under pressure with current volume significantly below its moving averages,indicating weak buying interest. A break below the middle band could accelerate a move toward the lower band support.
KAITO
0.6564
+0.21%