🟢 $KITE /USDT — Bullish Breakout & Retest
Price Action:
KITE has pushed out of the $0.106 base and expanded sharply toward $0.118 before a healthy pullback. Price is now stabilizing above prior resistance, suggesting the move is being accepted rather than faded.
Key Levels:
Support: $0.110 – $0.112 (reclaimed breakout zone)
Immediate Resistance: $0.118
Next Resistance: $0.125 – $0.135
Trade Setup (Long):
Entry: $0.110 – $0.114 on pullbacks or continuation strength
Targets:
🎯 T1: $0.118
🎯 T2: $0.125
🎯 T3: $0.135
Stop Loss: Below $0.106 (structure invalidation)
Market Sentiment:
Buyers remain in control after the breakout, with dips being absorbed quickly. Holding above reclaimed support keeps upside continuation as the preferred scenario.
Bias: Bullish above $0.110.
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