$KITE /USDT – BULLISH CONSOLIDATION READY FOR A SHORT-TERM BREAKOUT 🚀
$KITE /USDT is currently trading in a tight bullish range, holding firmly above the intraday support near $0.0900. Price compression with steady volume suggests accumulation, and a clean break above the $0.0930–$0.0940 resistance zone could trigger the next bullish expansion move.
📈 Trade Setup (LONG)
Entry Zone:
$0.0908 – $0.0915 (buy near support)
Targets (TP):
TP1: $0.0940
TP2: $0.0980
TP3: $0.1050
Stop Loss (SL):
$0.0885 (below range support)
🔍 Technical Explanation
Higher lows forming on lower timeframes
Price holding above short-term support
Volume remains stable, indicating accumulation
Break above range high confirms momentum
🌍 Market Outlook
As long as price stays above $0.0900, bullish bias remains intact. A confirmed breakout could bring fast upside volatility, while losing support may lead to short-term consolidation only.
