🚀 $KITE : BULLISH MOMENTUM IS BACK — BREAKOUT OR FAKEOUT? 👀

$KITE is trading near $0.1217, up 9.54%, after bouncing from the $0.1198 area. On the 15-minute chart, price has recovered above MA(7) at $0.1208 and MA(25) at $0.1213.

📊 My Trading Plan

🟢 Potential LONG Entry: $0.1208–$0.1212

🎯 TP1: $0.1225
🎯 TP2: $0.1235
🎯 TP3: $0.1260

🛑 Stop-Loss: $0.1169

What I’m watching:

🔹 Resistance near $0.1225–$0.1242

🔹 A successful retest of the entry zone could support bullish continuation

🔹 A rejection near resistance may trigger another pullback

⚠️ Price is already above the proposed entry zone, so avoid chasing the move. Wait for a suitable retest and confirmation. These are technical scenarios, not guaranteed outcomes.

📚 Trading lesson: A bullish candle alone doesn’t confirm a breakout. Watch resistance, volume, and the retest before making a decision.

💬 Your view: Can $KITE break above $0.1242, or will sellers defend this level? Share your reasoning below.

#KİTE #cryptotrading #TechnicalAnalysis #BinanceSquare