$KITE
/USDT pair is showing strong bullish momentum, with price breaking through key resistance levels. The market is likely to continue its upward trajectory in the near term, targeting new highs.
Key Levels:
Support Level: 0.1550
Resistance Level: 0.1653 (24h High)
Target Price (TP1): 0.1700
Target Price (TP2): 0.1750
Stop Loss (SL): 0.1550
Market Outlook:
The bullish trend is supported by the recent upward movement in price, as well as the increasing volume in the market. A break above 0.1650 would confirm a continuation of the bullish trend, with potential to reach the target zones (TP1 and TP2). If the price retraces below 0.1550, consider adjusting or exiting the position to minimize risk.
Risk Management:
Position size should be adjusted to risk no more than 1-2% of your capital on a single trade.
Always set stop loss to protect against unexpected market movements.
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