$KITE USDT — Bullish Continuation Expected After Healthy Retracement
Key Trading Levels and Strategy for KITEUSDT:
Entry Zone (LONG): 0.2320 - 0.2375
Take Profit 1 (TP1): 0.2420
Take Profit 2 (TP2): 0.2478
Take Profit 3 (TP3): 0.2580
Stop Loss (SL): 0.2260
The bullish bias for $KITE remains firmly intact as long as the price continues to hold above the 0.230 structure. A clean breakout and close above the 0.248 resistance level would be a significant catalyst, potentially triggering a fresh wave of momentum and opening the path towards higher targets.
Traders looking to capitalize on this potential continuation should monitor the price action carefully within the suggested entry zone, ensuring proper risk management with the defined stop-loss. The confluence of the EMA stack and the formation of a higher low near support suggests that KITE is indeed "loading" for its next leg up.