$KITE – Building Momentum
Up 8% and volume is solid — 77M tokens traded. What I like here is the structure. Price has been forming a steady ascending channel since the $0.156 low. Clean higher lows, no weird wicks.
The $0.180–0.181 zone is acting as resistance for now. But each test has been met with less selling pressure. Feels like a breakout is brewing.
If we clear $0.182 with volume, $0.195 comes into play pretty quickly. Longer term, $0.215 is the next major level worth watching.
Entry: $0.167 – $0.172
Targets: $0.181 / $0.195 / $0.215
Stop: $0.160
Setup is clean. Risk below the recent support zone is manageable. Just need that volume to keep up when we make the next push.
KITEUSDT
Perp
0.15763
-5.32%