$KITE is not “just breaking out” here, it’s already trading like late FOMO bait. 🔥
At $0.1165, it’s 97% up the 30d range and sitting 1% off the high. That’s not cheap. That’s crowded.
Too crowded.
4h is up 11.5%, RSI is 69, and funding is positive while longs pay up. Volume is only $2.80M, just 0.2x the 20d average, so this isn’t some clean broad bid. Mixed MAs too. Choppy tape. 😏
I’d rather watch for a real reset than chase the last push. If it keeps grinding, fine, but this is where people get cute and $BNB -style momentum eats them alive.
#KITE
#Binance
#Crypto
At $0.1165, it’s 97% up the 30d range and sitting 1% off the high. That’s not cheap. That’s crowded.
Too crowded.
4h is up 11.5%, RSI is 69, and funding is positive while longs pay up. Volume is only $2.80M, just 0.2x the 20d average, so this isn’t some clean broad bid. Mixed MAs too. Choppy tape. 😏
I’d rather watch for a real reset than chase the last push. If it keeps grinding, fine, but this is where people get cute and $BNB -style momentum eats them alive.
#KITE
#Binance
#Crypto