$KITE
KITE/USDT – 15-Minute Timeframe Analysis
Current Price: ~0.2004
Intraday Move: Strong bullish impulse (+19% on the day), now consolidating
🔍 Market Structure
Price formed a higher low around 0.165–0.170, then rallied strongly.
Structure is short-term bullish, but momentum is cooling after the sharp push.
Recent candles show pullback + recovery, suggesting buyers are still active.
📈 Key Levels
Resistance
0.205 – 0.210 → Intraday high / supply zone
A clean break & close above 0.210 can trigger continuation.
Support
0.195 – 0.192 → Immediate support (prior consolidation)
0.185 – 0.180 → Strong demand zone
0.170 → Major swing support (bullish structure invalidation below this)
⚙️ Indicators (Price-Action Based)
After a strong impulsive move, price is consolidating above previous resistance, which is a bullish sign.
Long lower wicks on pullbacks → buy-the-dip behavior.
Volatility is high → expect quick moves and fakeouts.
📊 Scenarios
Bullish Continuation
Holds above 0.195
Breaks 0.205–0.210 with volume
Targets: 0.220 → 0.235
Short-Term Pullback
Rejection at 0.205–0.210
Retest of 0.190–0.185 before next move up
🧠 Trade Idea (Scalp / Intraday)
Bullish bias while above 0.190
Conservative longs near support, not at resistance
Tight stop-loss due to volatility
⚠️ Risk Note: After a +19% move, chasing at resistance is risky. Wait for confirmation or pullback.