$KAITO bleeding hard: -10% today, -26% in a week, -61% from the highs.
Chart looks brutally clean though:
- Lost the multi-month uptrend
- Reclaimed 0.64 as resistance
- Volume drying up on the bounce attempts
- All MAs pointing down, death cross completed
This is textbook distribution into weakness. Either we see capitulation soon or it grinds everyone to dust slowly.
Not financial advice, but this doesn't scream "buy the dip" to me yet. 🩸📉
