$KITE — Strong Seed Narrative Momentum 🚀
#KITE is showing early-stage narrative strength with impulsive expansion from the base. Price is holding above the short-term accumulation zone, and momentum suggests continuation as long as structure remains intact above key support.
🟢 Long Entry Zone: 0.23 – 0.26
This zone aligns with the recent breakout base and short-term demand. Ideal entries come on low-timeframe bullish confirmation (higher low or strong reaction candle).
📈 Bullish Confirmation Level: 0.30
A clean break and hold above 0.30 confirms momentum continuation and opens the path toward expansion targets. This level likely acts as a trigger for breakout traders.
🎯 Targets:
• TP1: 0.38 — First resistance / partial profit zone
• TP2: 0.52 — Mid-structure resistance from prior distribution
• TP3: 0.70 — Full narrative extension target (high momentum scenario)
🔴 Stop Loss: 0.20
A breakdown below 0.20 invalidates the bullish structure and signals potential deeper retrace.
Structure Insight:
As long as #KITE maintains higher lows above the 0.23 demand area, the trend remains constructive. Volume expansion on pushes upward will be key to sustaining continuation toward TP2–TP3.
Let me know if you want a low-timeframe scalp plan as well.