Analysis of stock $KITE – Stability after correction and the beginning of a new upward momentum

After a deep correction, stock $KITE begins to show clear upward momentum again, as the price firmly holds within this area, indicating potential accumulation and the formation of a base that paves the way for a strong recovery phase. This type of stability after a noticeable decline often precedes a strong recovery movement when buying momentum returns.

🔶 Trading Settings (Buy):

Entry Area: 0.0800 – 0.0830

First Target: 0.0850

Second Target: 0.0870

Third Target: 0.0900

Stop Loss: 0.0760

Enter with caution and manage your risks wisely. Stock $KITE shows clear signs of stability and may be ready to launch towards higher levels if buying interest returns.

KITEUSDT

Perp

0.08447

+6.65%