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$KITE /USDT
Current price is showing strong activity around $0.0947, up roughly +6–7% in the last 24 hours. After a clean bounce from the $0.0925 support zone, the chart is starting to flash early bullish signals.
On the 1H timeframe, we’re seeing bullish recovery candles after a sharp drop, which often hints at momentum rebuilding rather than a dead-cat bounce.
Market Structure Insight
Recent low formation near $0.0925 shows buyers stepping in strongly
Price has reclaimed a minor intraday level around $0.0940–0.0945
If price holds above this zone, continuation toward the next resistance is likely
Major hurdle sits near $0.0985–0.1000 (previous supply + psychological level)
Trade Setup (Swing / Intraday)
• Entry Zone:
$0.0938 – $0.0950
• Target 1 🎯:
$0.0985
• Target 2 🎯:
$0.1015
• Target 3 🎯:
$0.1050
• Stop Loss ❌:
$0.0919 (below recent swing low)
Outlook
If $0.0985–0.1000 is broken with strong volume, KITE can shift into a strong short-term uptrend, opening the door for a fast expansion toward higher targets.
Failure to hold above $0.0935 would delay the bullish scenario and invite another range or retest of support.
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