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BTCC / BTCC Square / Global Cryptocurrency /
KAITO Price Rebounds from $1 Support Amid $23M Token Unlock

KAITO Price Rebounds from $1 Support Amid $23M Token Unlock

Author:
Global Cryptocurrency
Published:
2025-08-21 11:51:01
6
2
BTCCSquare news:

KAITO's price surged 11% intraday, reclaiming the $1.20 level after testing a critical support zone at $1.00 during a $23 million token unlock event. The rebound formed a bullish engulfing candlestick on heavy volume, signaling potential exhaustion of seller momentum.

Despite remaining below key moving averages, the defense of the $1.00 psychological level suggests accumulation interest. A decisive break above the $1.30-$1.40 resistance band could confirm trend reversal, with the RSI's climb from oversold territory supporting bullish technical structure.

|Square

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