Market Analysis: KAITO/USDT (15m TF)
After a strong impulse move reaching a local high of $0.4732, $KAITO is currently undergoing a healthy corrective phase. We are seeing the price test the MA(25) (purple line) as dynamic support, while the MA(99) (dark purple) continues to slope upward, confirming that the underlying mid-term trend remains bullish. Despite the recent red candles, the volume profile suggests this is more of a liquidity grab and consolidation than a trend reversal. I am looking for a successful bounce off the $0.4590 - $0.4600 support zone to confirm the next leg up.
Signal: LONG
Entry Zone: $0.4600 - $0.4615
Target: $0.4730+
Stop Loss: Below $0.4550