$KITE Showing Strong Momentum – But Watch Resistance 👀

$KITE is up +7.5%, currently trading near $0.27 and testing the Bollinger upper band at $0.2712. RSI (6) is at 80+ — overbought territory, so short-term pullback risk is rising.

Smart money remains bullish: • Long/Short ratio: 1.49

• 107M+ $KITE accumulated by institutions

• Most shorts underwater (avg entry $0.1806) → squeeze risk remains high

Strong inflows ($776K/hour) and growing long positions suggest buyers are still in control.

🔑 Key Level: $0.2712

Break above = continuation potential

Rejection = pullback toward $0.26 support

Momentum strong, but manage risk carefully.#TrumpStateoftheUnion #StrategyBTCPurchase #VitalikSells

KITEUSDT

دائم

0.20135

-4.41%