RSI just hit 12 on $KAITO /USDT and I’m not buying the bounce.
$KAITO - SHORT
Trade Plan:
Entry: 0.495614 – 0.502786
SL: 0.562905
TP1: 0.451421
TP2: 0.419568
TP3: 0.371789
Why this setup?
That’s not a dip—that’s a vacuum. 15m RSI at 12.36 means sellers are in total control, and the 4h bias is SHORT with 85% confidence. Price is sitting at 0.4992, a fragile midline in a range. The path of least resistance is down to TP1 at 0.4514, then a potential flush to 0.4195. The ATR (0.0177) is small, but that just means the breakdown will be swift once it snaps. Why now? Because the range is getting stale, and the momentum is clearly on the bear’s side.
Debate:
Are you fading this oversold bounce, or are you waiting for the 0.5027 retest to short?
Click here to Trade 👇️
$KAITO - SHORT
Trade Plan:
Entry: 0.495614 – 0.502786
SL: 0.562905
TP1: 0.451421
TP2: 0.419568
TP3: 0.371789
Why this setup?
That’s not a dip—that’s a vacuum. 15m RSI at 12.36 means sellers are in total control, and the 4h bias is SHORT with 85% confidence. Price is sitting at 0.4992, a fragile midline in a range. The path of least resistance is down to TP1 at 0.4514, then a potential flush to 0.4195. The ATR (0.0177) is small, but that just means the breakdown will be swift once it snaps. Why now? Because the range is getting stale, and the momentum is clearly on the bear’s side.
Debate:
Are you fading this oversold bounce, or are you waiting for the 0.5027 retest to short?
Click here to Trade 👇️