$KITE
KITEUSDT – Consolidation Before Next Leg Up
KITE is currently holding above $0.08, showing resilience after a sharp rally earlier this week. The VPVR data indicates strong accumulation between $0.07–$0.08, forming a solid demand base that could support the next breakout attempt.
Trade Plan
Entry (Long): $0.082 – $0.084 (ideal accumulation zone)
Target 1: $0.090 (minor resistance area)
Target 2: $0.100 (psychological breakout level)
Stop Loss: $0.078 (below the high-volume support)
My View
KITE is in a healthy retracement phase after its recent push.
As long as the price stays above $0.078, the structure remains bullish, supported by stable volume and rising MACD momentum.
A decisive close above $0.09 could trigger a fresh rally toward $0.10+, but failure to hold the base may extend the correction toward $0.075.
Bias: Bullish above $0.082 | Neutral $0.078–$0.082 | Bearish below $0.078
Disclaimer: This post is for educational purposes only and not financial advice. Always trade with proper risk management and stop-loss discipline.
