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【$KITE Signal】Go long | Volume and price rose to break through the pattern
$KITE price action shows a healthy breakout retracement rather than top selling pressure after the volume push up. The market shows that buying continues to absorb, and there is no large-scale profit-taking.
🎯 Direction: Long
🎯 Entry: 0.1450 - 0.1480
🛑 Stop loss: 0.1380 ( rigid stop loss )
🚀 Target 1: 0.1650
🚀 Target 2: 0.1800
$KITE after breaking through the key resistance, with a significant increase in open interest and an increase in trading volume, this is a typical feature of the entry of main funds, rather than a short stampede. The price maintained a high consolidation after the breakout, and the LTF pullback was quickly absorbed, indicating that the market psychology is biased towards holding on to the rise. As long as the price stabilizes above 0.1380, the structure remains intact, and the probability of an upward continuation prevails.
Trade 👇 $KITE
here
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