$KITE /USDC BULLISH CONTINUATION AFTER STRUCTURE RECLAIM
KITE has shown a strong impulsive move from its recent low, followed by a controlled retracement that is holding above a newly formed support zone. The pullback structure appears corrective, with price maintaining higher lows — a key signal that buyers are defending trend structure rather than exiting positions.
Parabolic SAR alignment and short-term moving averages curling upward suggest momentum is rebuilding. Volume behavior supports this outlook, with expansion during upward pushes and contraction on retracements — a classic bullish continuation signature.
Volatility compression after the initial surge indicates the market is preparing for another expansion phase. A sustained hold above support opens the path for a breakout toward higher liquidity zones.
LONG SETUP
Entry Zone: Pullback into short-term support and consolidation base
Stop Loss: Below the higher low and structure invalidation level
Targets:
TP1 – Retest of recent swing high
TP2 – Breakout extension above resistance
TP3 – Measured move based on prior impulse range
Continuation is favored while price holds above support and momentum expands on upward moves. A loss of structure would shift the market into range conditions.
RISK MANAGEMENT
Risk 1–2% per trade. Secure partial profits at TP1 and trail stop to protect gains. Avoid entering during overextended candles; focus on structured pullbacks.
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