I am watching $KITE and price is still respecting the trendline support. 📈
After the recent move up, the market is now pulling back and testing this important zone around 0.29.
If this trendline holds, I think we could see another push toward the 0.31 – 0.32 resistance area. But if price loses this support, we might revisit the 0.265 zone again.
Right now this level looks like a decision point for the next move.
I am curious…
Are you expecting a bounce from the trendline or a breakdown first? 🤔
Would you take a long from support here? 🚀
KITEUSDT
Perp
0.21947
-3.66%