Trading Plan Long $KAITO
$KAITO just flushed below yesterday's low, printing an extreme oversold signal on the 1H.
Entry: $0.485-$0.499
Stoploss: $0.465
Targets: $0.515 / $0.545 / $0.585
KAITO is sitting on 0.4854 support after a brutal dump, while funding rates are deeply negative at -0.5281%/8h, indicating shorts are extremely crowded. Despite the 1H strong bear trend, taker buy volume is aggressive at 1.19, suggesting absorption at these lows. This looks like a classic short squeeze setup after a liquidity grab. Lose $0.465, plan dead.
Trade $KAITO here 👇