$KITE Letโs analyze
Current Price: 0.1407
24h High: 0.3000
24h Low: 0.0500
24h Change: +181.40%
Volume: High
๐ Technical Observation:
After a massive pump (+181%), the price is now moving sideways between 0.13โ0.15.
Big spike โ drop โ consolidation means early buyers may take profit soon.
Volume has decreased slightly, showing momentum is cooling down.
๐ My Short-Term Signal:
โ ๏ธ Wait for confirmation first โ but right now, the setup leans bearish (Short) because:
After a big pump, coins often retrace 30โ50%.
Resistance at 0.15โ0.16 zone is strong.
Unless it breaks above 0.16 with strong volume, itโs safer to open a SHORT.
๐ If you want to go Long:
Only go Long if:
Price breaks above 0.16 and stays there with good green candles & volume.
Otherwise, Short is better for quick profits.
๐ฒ Binance Post Caption Example:
โMassive pump on $KITE โ now cooling off! Smart traders watching for next big move ๐๐๐ Whatโs your play โ Long or Short?โ
๐ฅ
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