$KAITO crashed and now down to $1.34 ... Big downward momentum continues... Will it go down to $1 ..?? What you guys think about it ...
$KAITO has been experiencing a steep decline, now trading at $1.34, marking a 13.33% drop in the last 24 hours. The strong downward momentum suggests that sellers are still in control, and the price is testing new lows.
With a 24-hour low of $1.3179, KAITO appears to be heading toward a key psychological support level at $1.30, and if that breaks, a further drop toward $1.00 is possible. The bearish trend, coupled with increased selling pressure, raises concerns about whether buyers will step in or if the decline will continue.
If KAITO fails to hold above $1.30, the next major support lies around $1.00, which could serve as a potential bottom. However, a reversal could only be confirmed if the price breaks back above $1.50, signaling renewed buying interest. Traders should watch for volume spikes and key support levels to determine the next move.