$KITE is currently trading around 0.1149, showing steady activity after a sharp intraday bounce from the 0.1112 low. After that recovery, price pushed toward 0.1163 and is now consolidating just below this local resistance. This structure suggests the market is absorbing supply rather than rejecting higher levels aggressively.

On the 1H timeframe, bullish candles after the rebound indicate short-term momentum is still intact. As long as price holds above the 0.1135–0.1140 zone, buyers remain in control and another attempt toward the highs is likely. Volume expansion near resistance will be the key trigger for continuation.

Trade Setup

• Entry Zone: 0.1140 – 0.1150

• Target 1 🎯: 0.1165

• Target 2 🎯: 0.1185

• Target 3 🎯: 0.1210

• Stop Loss: 0.1118

If KITE breaks and holds above 0.1165 with strong volume, the structure flips into continuation mode, opening the path for a broader upside expansion. Failure to hold the entry zone would invalidate the setup and shift focus back to support.

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KITE

0.2156

-19.28%