$KITE
/USDT is currently trading around $0.219 after a strong impulsive move upward from the $0.08 accumulation zone. On the 4H chart, price is trading well above MA(7), MA(25), and MA(99), indicating strong short-term bullish momentum. The recent breakout came with expansion candles, suggesting aggressive buying interest and momentum-driven participation.
The $0.18–$0.19 area now acts as immediate support, while $0.22–$0.23 is a short-term resistance zone aligned with the recent high. If KITE sustains above $0.20 and forms higher lows, continuation toward new local highs could be possible. However, after such a sharp rally, short-term pullbacks or consolidation phases would be technically healthy to reset momentum. Watching volume behavior and whether price holds above breakout structure will be key in assessing continuation strength.
Not Financial Advice
#KITE #KITEUSDT #AltcoinMomentum #BreakoutSetup #BinanceSquare