$KITE is holding a key demand zone, setting up for a potential upside breakout.
🟢 LONG $KITE
Entry: 0.224 – 0.245
Stop Loss: 0.215
TP1: 0.280
TP2: 0.300
TP3: 0.320
After a corrective pullback, $KITE is stabilizing above short-term support around 0.22, indicating buyers are defending this area. The structure hints at a higher-low formation, positioning price for continuation if momentum strengthens.
Bullish outlook stays valid as long as 0.215 holds. A sustained move above local resistance targets 0.280 first, with potential extensions to 0.300 and 0.320 if the breakout gains strength.
A drop below 0.215 would invalidate the setup and give short-term control back to sellers.
Trade $KITE here 👇