$KITE /USDT TECHNICAL ANALYSIS: BULLISH BREAKOUT POTENTIAL
$KITE /USDT is showing signs of bullish momentum after holding strong above support near 0.0969. The pair is approaching key resistance around 0.1106–0.1178. A decisive breakout above this zone could accelerate upward movement, while minor retracements may provide favorable long entries.
Trade Idea:
Long Entry: 0.104–0.107
Target 1 (TP1): 0.113
Target 2 (TP2): 0.118
Stop Loss (SL): 0.100
Technical Outlook:
Support levels: 0.0969 / 0.1030
Resistance levels: 0.1106 / 0.1178
Indicators suggest continuation of upward trend with possible short-term consolidation near resistance.
Risk Management:
Risk 1–2% of capital per trade. Adjust position size to market volatility and avoid overleveraging during breakout attempts.
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