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KAITO/USDT is attracting attention again after experiencing significant pressure, with the price at around 0.4456 USDT and down 26.20% over the past 24 hours.
The price even touched 0.4332, while the chart still shows a bearish trend as it remains below MA(25), MA(99), and Supertrend.
However, the RSI at around 37 has started moving up from the low area, while the MACD is also showing signs of momentum recovery.
The question is, does this signal the early formation of a rebound, or is it merely a temporary bounce before the downtrend continues?
In your opinion, will the 0.4332 level become important support, or could it instead be broken? Let’s take a look together and discuss the most likely scenario.
$KAITO