$KAITO — Rejection at Resistance • Short Opportunity
SHORT
$KAITO • Entry: $0.3660 – $0.3720
• Stop Loss: $0.3880
Targets:
• TP1: $0.3560
• TP2: $0.3470
• TP3: $0.3360
Price is facing a clear rejection near the local resistance zone and momentum is weakening on the bounce — classic environment for a short on strength. The structure suggests sellers are stepping in; a break of the $0.3600 support would increase odds for continuation toward the lower liquidity areas.
Execution Plan:
• Short into the entry band and size according to your risk rules.
• Prefer confirmation — bearish rejection candle, failure to reclaim the entry band, or uptick in sell volume — before adding.
• Take partial profits at TP1, move stop to breakeven, then scale out at TP2 / TP3.
• Trail stops under lower highs if price accelerates downward.
Invalidation / Risk:
• If price breaks and holds above $0.3880, invalidate the short and exit.
• If $0.3600 holds and price reclaims the entry zone, reconsider the setup. Manage position size tightly — this is a momentum short and can whip quickly.
Short and Trade
$KAITO here 👇
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