🚨 KITE BULLS ARE ON A RAMPAGE: PARABOLIC MOVE IN PROGRESS!
$KITE is screaming "Alpha" on the 1H chart with a massive vertical expansion. After breaking out from a steady base, the price has exploded +28% today, leaving trailing indicators in the dust.
Technical Indicators: The price is trading far above the EMA(7) at $0.137, signaling extreme bullish momentum. We are currently pushing past the local high of $0.152, entering a clean breakout zone.
Support/Resistance: Initial support has moved up to $0.138. As long as we hold above the $0.145 psychological level, the sky is the limit.
Whale Activity: The data is INSANELY Bullish. We have a Notional Long/Short Ratio of 210.46%. While 128 whales are attempting to short, 133 mega-whales are holding longs with a staggering 100% profitability rate, totaling $19.27M in positions.
Trade Signal: LONG 📈
Entry: $0.148 – $0.152
Target 1: $0.165
Target 2: $0.180
Target 3: $0.210+ (Parabolic Target)
Stop Loss: $0.135
