Let's talk about $KITE 's market action: up 5.6% over the past 24 hours, with a fierce tug-of-war between bulls and bears around 0.1207.
This is exactly the kind of level that tests your judgment: chase the price and you fear a pullback; stay out and you fear missing the move. My take: first see whether volume can hold up, then watch whether 0.1207 holds or breaks—when the market is trending, following the trend is always easier than trying to call the top or bottom.
Just sharing thoughts—what's your trading strategy? #KITE
For discussion purposes only; this is not investment advice.
This is exactly the kind of level that tests your judgment: chase the price and you fear a pullback; stay out and you fear missing the move. My take: first see whether volume can hold up, then watch whether 0.1207 holds or breaks—when the market is trending, following the trend is always easier than trying to call the top or bottom.
Just sharing thoughts—what's your trading strategy? #KITE
For discussion purposes only; this is not investment advice.
