$KAITO just forced shorts out at $0.60358, and that squeeze is a clear sign that sellers lost control at the range high. The move was impulsive, not slow, which means real buying pressure entered the market. After such a liquidation, price usually does not return to the old base quickly.
EP: $0.5950 – $0.6060
TP1: $0.6250
TP2: $0.6550
TP3: $0.7000
SL: $0.5700
Structure is now leaning bullish with higher lows forming. Momentum is expanding and pullbacks are getting bought quickly. Holding above $0.5950 keeps the continuation setup intact.
KAITOUSDT
Perp
0.5449
-1.83%