đ $KAITO /USDT Technical Analysis đ
đč Current Price: $2.2040
đč 1H Timeframe Analysis
đč 200 MA Level: $1.9616 (Acting as Support)
đč RSI (14): 45.88 (Neutral Zone)
Kaito (KAITO) has been consolidating after a strong rally, maintaining stability above key support levels. While momentum has slowed, the 200 MA is holding as dynamic support, indicating a potential continuation of the uptrend.
đ Key Observations:
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Price is trading above the 200 MA, signaling a bullish structure.
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RSI at 45.88 suggests neither overbought nor oversold conditions, leaving room for movement in either direction.
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A break above $2.40 could trigger a move toward higher resistance levels.
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Failure to hold $2.00 could lead to a deeper retracement toward $1.80.
đĄ Trading Strategy:
đ Bullish Case: A push above $2.40 could see a rally toward $2.60â$2.80.
â ïž Bearish Case: A breakdown below $2.00 may open the door for a retest of $1.80.
đ Key Levels to Watch:
đ Resistance: $2.40 | $2.60 | $2.80
đ Support: $2.00 | $1.80
đ Whatâs Next? Keep an eye on how KAITO reacts to the 200 MA support and whether bulls can reclaim $2.40 for further upside. đđ
#Kaito #KAITOUSDT #CryptoTrading #TechnicalAnalysis đ
