KAITO has entered a clear bearish pattern on the 2-hour chart. The price is stalling around the $0.70–$0.72 supply zone and showing signs of distribution, indicating a significant weakening of buying pressure. Subsequently, the bears gained momentum, resulting in a clean break below the $0.58–$0.56 demand zone. This area was a key support in the previous period, and losing it now suggests that selling pressure continues to dominate.

From a technical perspective, the distribution in the upper supply zone confirms the exhaustion of the bulls, while the effective breakdown of the demand zone opens up space for the next downward target. Although currently in a weak cycle, traders should watch whether a new support point can be found below $0.56 and whether a rebound signal appears.