KITE/USDT Market Update đ | Volatility with Opportunity
KITE is currently trading around 0.2535 USDT, showing a strong +12% daily gain after touching a low near 0.2517 and bouncing back with decent volume.
đ Chart Observation:
Price faced rejection near 0.2598 (local top).
Currently moving close to key moving averages (MA7 / MA99), indicating consolidation.
Volume increased during the bounce, suggesting short-term buyer interest.
đ Key Levels to Watch:
Support: 0.2510 â 0.2480
Resistance: 0.2580 â 0.2620
đ§ Market Insight: This move looks like a healthy pullback after a sharp pump. If price holds above support, a continuation toward resistance is possible. However, rejection near MA25 shows the market is still undecided.
â ïž Trading Note:
Best strategy is to wait for confirmation above resistance.
Avoid chasing pumps without structure.
Always use stop-loss in volatile altcoins.
Patience + discipline = survival in crypto markets.
Trade smart on Square đ
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