$KITE
KITE/USDT Eyeing a Major Breakout! Is it Time to Fly? 🚀
Market Momentum:
KITE is looking strong today with an +8.94% pump, currently trading at 0.1694. After a brief consolidation, the price is pushing hard against the local resistance of 0.1705.
Technical Highlights:
Bullish Recovery: The price is trading well above the Middle Bollinger Band (0.1648), signaling that the bulls are regaining control.
KDJ Gold Cross: We see a fresh upward turn in the KDJ lines, suggesting the start of a new micro-trend upward.
RSI Health: The RSI(10) is at 67.77, which is very healthy. It has plenty of "room to run" before reaching the overbought zone, unlike many other pumping coins.
Volume Support: Trading volume is steady, supporting this upward move.
The Trade Setup:
Entry Point: Look for an entry if the price breaks and holds above 0.1705, or on a small retest of 0.1650.
Take Profit Targets: * Target 1: 0.1780
Target 2: 0.1850+
Stop Loss: Keep it safe at 0.1590 (below the lower Bollinger Band).
Summary:
KITE looks like it has more gas in the tank. If it clears the 0.1705 hurdle, we could see a quick move toward the next psychological level. Always manage your risk!
#KITEUSDT #BinanceSquare #CryptoSignals #AltcoinSeason #TradingStrategy #Bullish