KAITO jumps 13% as traders weigh bull trap risk
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- KAITO (CRYPTO:KAITO) gained about 13% as retail traders stepped back into the market.
- Momentum improved, but several technical signals urged caution.
- Analysts warned the rally could quickly reverse if buying slows.
KAITO (CRYPTO:KAITO) rose about 13% as retail traders returned, lifting the token after recent weakness.
Trading volume also increased, showing stronger interest from smaller investors.
Analysts warned the rally could be a bull trap if buyers fail to push the price above key resistance levels.
Technical indicators turned more positive, but they did not confirm a lasting breakout.
On-chain data and derivatives activity also failed to show clear signs of a strong uptrend.
Bull traps happen when prices rise quickly before sellers regain control and send the market lower.
The latest move shows that traders should watch price, volume and market activity before calling a lasting recovery.
At the time of reporting, KAITO price was $0.9656.
