Market Overview: KAITO (KAITOUSDT) 24-Hour Technical Summary

• KAITO dropped 11.5% in 24 hours amid bearish momentum and low volume consolidation.
• Key support held near $1.1025, but RSI remains oversold, suggesting potential for bounce.
• Volatility increased post-overnight selloff, with price trading within contracting Bollinger Bands.
• A long lower shadow at 06:15 ET suggests temporary rejection of lower levels.
• 1.1139–1.1155 appears a potential pivot zone for near-term direction.

KAITO opened at $1.164 on 2025-08-23 at 12:00 ET, reaching a high of $1.1657 before closing at $1.104 on 2025-08-24 at 12:00 ET. The low for the period was $1.0975. Total volume for the 24-hour window was 604,099.3, with a notional turnover of $648,743.3.

Structure & Formations

The 15-minute chart shows a clear downtrend from $1.164 to $1.0975, with several bearish patterns such as hanging men and bearish engulfing candles confirming weakness. A key support level has emerged near $1.1025, which has been tested and held three times over the last 24 hours. A potential reversal pattern (inverted hammer) appears at $1.1025 at 06:15 ET, suggesting a possible short-term bounce.

Moving Averages

On the 15-minute timeframe, the 20-period and 50-period moving averages are trending downward, with the 50-period lagging slightly behind the 20-period. Price has remained below both, reinforcing bearish bias. On the daily chart, price remains below the 200-period SMA at $1.1205, indicating a longer-term downtrend.

MACD & RSI

The MACD turned negative in the last 4 hours and continues to trend lower, confirming bearish momentum. RSI has dipped into oversold territory at 28, suggesting potential for a rebound, but without a reversal in the MACD, this could be a false signal. Divergence is not evident between price and momentum at this stage.

Bollinger Bands

Volatility has increased since the overnight selloff, with Bollinger Bands widening from a narrow contraction. Price has been trading near the lower band for most of the last 12 hours, indicating oversold conditions. A move back toward the middle band could follow if buyers step in near $1.1025–1.1040.

Volume & Turnover

Volume was uneven throughout the 24-hour period, with a peak at 06:30 ET (59,186.2 units) and a sharp selloff in the 01:15–02:00 ET window. Notional turnover spiked during the $1.1657 high and again during the $1.1075 low, suggesting institutional activity. Divergence is absent, and volume appears to confirm price direction.

Fibonacci Retracements

Applying Fibonacci to the key swing from $1.164 to $1.0975, the 38.2% level is at $1.1273 and the 61.8% level at $1.1440. Price failed to recover to the 38.2% level, reinforcing bearish bias. A rebound to the 50% level at $1.1308 may be the first target for near-term buyers.

KAITO may see a short-term bounce near $1.1025–1.1040 as RSI suggests oversold conditions, but a break below $1.1025 could extend losses toward $1.0950. Investors should watch for volume confirmation on any reversal attempt and be mindful of a potential continuation of the 1.164–1.0975 trend.