$KITE/USDT TECHNICAL ANALYSIS: BULLISH BREAKOUT IMMINENT $KITE
MARKET OVERVIEW
The chart displays a strong Bullish Momentum following a successful recovery from the recent lows. Price action is currently consolidating just below the 24h high, forming a bullish continuation pattern on the timeframe. The higher lows being printed suggest that buyers are aggressively defending the trend line.
Target 1: 0.3050
Target 2: 0.3120
Target 3: 0.3250
Stop Loss: 0.2830
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