$KAITO Consider going short. This rebound has already tested a key supply zone; there was a fierce selloff at this level before. Even though the bulls are still probing higher, the rebound momentum is clearly weakening—selling pressure above has absorbed the buy orders. If the bears continue to hold this level, the next move may be to look downward for liquidity below the recent structure. Entries to watch are in the 0.819 to 0.835 range. The first target is 0.794, and lower it could reach 0.756 or even 0.717. Place the defense near 0.900. Everyone, watch the risk—don’t chase too aggressively.

KAITO-4.57%
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