$KITE is showing renewed activity after a clean intraday structure. Price is currently trading around 0.0950, holding above the recent demand zone, with the last 24 hours showing steady participation and healthy volume flow. After a sharp push toward 0.0967 followed by a controlled pullback, the chart suggests a reset rather than weakness.
On the 1H timeframe, price is still respecting higher lows. The rejection from the highs came without panic selling, and buyers quickly stepped in near 0.0940–0.0945, indicating accumulation. As long as this zone holds, momentum remains tilted to the upside. A reclaim of the short-term resistance could trigger continuation.
Trade Setup
• Entry Zone: 0.0945 – 0.0952
• Target 1: 0.0967
• Target 2: 0.0985
• Target 3: 0.1010
• Stop Loss: 0.0934
If price breaks and holds above 0.0967 with strong volume, it would confirm strength and open the path toward higher extensions. Failure to hold the support zone would invalidate the setup, so risk management remains key.
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KITE
0.2284
+10.23%
