$KAITO is stabilizing after the sharp impulse and pullback from the high near 0.6450 and I am watching this zone closely because buyers are starting to absorb selling pressure around the 0.55 area. The 1h candles are compressing with smaller bodies which shows momentum cooling down rather than a full reversal. This kind of structure usually builds the base for the next directional move if support continues to hold.
Entry Point
0.5680 – 0.5480
Target Point
TP1 0.5850
TP2 0.6120
TP3 0.6450
Stop Loss
0.5320
This setup makes sense because every dip near the 0.55 zone is getting defended and sellers are failing to push price lower with strength. If $KAITO stays above this support area the move back toward 0.5850 becomes the first natural step before momentum attempts higher levels again.
#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade

KAITO
0.5103
-3.02%
