$KITE Market Structure
15M strong bullish continuation with parabolic characteristics
Price trading above EMA 9 25 50 and 200 with clean bullish alignment
MACD histogram expanding confirming buyer dominance
RSI elevated showing strength but short-term overextension risk
Structure likely showing vertical impulse leg
Parabolic expansion suggests strong breakout phase
Holding above 0.2160 keeps higher timeframe bullish structure intact
Break below 0.2140 weakens 4H continuation bias
High and Bottom
Local High: 0.24423
Impulse Base: 0.20433
Support and Resistance
Immediate Resistance: 0.24423
Psychological Resistance: 0.2550
Extension Resistance: 0.2700
Immediate Support: 0.2280 – 0.2310
Secondary Support: 0.2220
Major Support: 0.2160
Invalidation Level: 0.2140
Breakout Entry
Condition: 15M close above 0.2445
Entry Zone: 0.2445+
Take Profit
TP1: 0.2550
TP2: 0.2700
Stop Loss: 0.2140
Pullback Entry
Condition: Bullish reaction at 0.2220 – 0.2280
Entry Zone: 0.2220 – 0.2280
Take Profit
TP1: 0.2440
TP2: 0.2550
TP3: 0.2700
Stop Loss: 0.2140
