$KAITO REJECTED AT 0.6000 – SHORTING THE BREAKDOWN 📉
Entry: 0.5760–0.5800 🔥
Target: 0.5500 🚀
Stop Loss: 0.5865 ⚠️
The 1H chart shows a clear sequence of lower highs after price was turned away at 0.6000. As long as we stay below the 0.5860 resistance, the path of least resistance is lower toward the 0.5600–0.5500 demand zone. Volume is picking up on the sell side, confirming the bearish momentum.
Partial profits at 0.5690 and 0.5600 are also worth noting for scaling out. Are you shorting this zone or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#KAITO #ShortSetup #Bearish #Crypto
📉
Entry: 0.5760–0.5800 🔥
Target: 0.5500 🚀
Stop Loss: 0.5865 ⚠️
The 1H chart shows a clear sequence of lower highs after price was turned away at 0.6000. As long as we stay below the 0.5860 resistance, the path of least resistance is lower toward the 0.5600–0.5500 demand zone. Volume is picking up on the sell side, confirming the bearish momentum.
Partial profits at 0.5690 and 0.5600 are also worth noting for scaling out. Are you shorting this zone or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#KAITO #ShortSetup #Bearish #Crypto
📉