$KITE /USDT shows bullish strength after defending the demand zone 0.082-0.083 and reclaiming the previous peak. The strong recovery candle indicates buyers are entering aggressively, suggesting the continuation of the bullish movement if the price maintains the main support.
Entry points:
- Entry: 0.0850 – 0.0880
- Targets:
- Target 1: 0.0920
- Target 2: 0.0960
- Target 3: 0.1000
- Stop loss: 0.0815 (below support and invalidating the structure)
As long as $KITE maintains the level 0.083, the structure remains bullish and buying the dips is likely. A clear break and hold above 0.089-0.090 could strengthen the bullish momentum. Only a collapse below 0.082 will change the direction to bearish. ¹
KITE
0.1367
-12.81%