$KITE — Dip bought aggressively after sweeping 0.2006 liquidity, followed by a strong reclaim above the 0.228 range. Price is now compressing beneath the 0.2450 high, and the consolidation looks like absorption rather than distribution. On the 30m timeframe, structure has flipped to higher highs and higher lows.
Bias: LONG
Entry: 0.2360 – 0.2420
Stop-Loss: 0.2260
TP1: 0.2450
TP2: 0.2580
TP3: 0.2750
Holding above 0.2260 keeps the bullish structure intact, targeting a sweep of 0.2450 liquidity and potential continuation higher. A break below invalidates the setup. Risk is defined before entry — avoid chasing strength above the highs.
Trade $KITE 👇
