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Short trade $KAITO for everyone here.
Entry short: 0.8730
Target: 0.8200 - 0.7800 - 0.7424
Stoploss: 0.9219
This contract $KAITO pumped up nearly 12%, hitting the hard resistance right away at 0.8730—that’s when it started to weaken. Buying pressure is much weaker; there is still 29% left, so it may help—it's not too bad on that part. This segment doesn’t get squeezed into a short to make profit to spend for the Tet holiday—it's a bit of a waste. Resistance hit right at the start—everyone set your orders in advance and just wait for the money to come back into your pocket.
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