$KAITO has been playing out exactly as I expected. 📈
I’m already sitting in good profit, and for now I still think the trend is bullish. Buyers continue to defend every pullback, volume is staying strong, and the market structure hasn’t broken yet.
My next area of interest is around $1.70.
If $KAITO reaches that zone, I’ll most likely close my long and start looking for a short setup instead. After such a strong move, I think the risk/reward will begin to favor the bears.
I’m already sitting in good profit, and for now I still think the trend is bullish. Buyers continue to defend every pullback, volume is staying strong, and the market structure hasn’t broken yet.
My next area of interest is around $1.70.
If $KAITO reaches that zone, I’ll most likely close my long and start looking for a short setup instead. After such a strong move, I think the risk/reward will begin to favor the bears.