Guys $KITE is setting up for a potential short squeeze 🚀
Entry: 0.1370 - 0.1375
🎯 TP1: 0.1384
🎯 TP2: 0.1420
Volume spiked over 100% on the 1h timeframe while price continues to hold well above key moving averages. Over 62% of the market is positioned short, leaving plenty of fuel for a squeeze.
If price can push over the 0.1384 resistance level, shorts could get forced to cover fast.
Watching closely 👀
Entry: 0.1370 - 0.1375
🎯 TP1: 0.1384
🎯 TP2: 0.1420
Volume spiked over 100% on the 1h timeframe while price continues to hold well above key moving averages. Over 62% of the market is positioned short, leaving plenty of fuel for a squeeze.
If price can push over the 0.1384 resistance level, shorts could get forced to cover fast.
Watching closely 👀