KITE Maintains Bullish Structure as Buyers Defend Key Support
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Long
$KITE Entry: 0.258 – 0.265
Stop Loss: 0.247
Targets: 0.275 – 0.290 – 0.310
KITE continues to respect its bullish market structure following the liquidity sweep at 0.2290 and the strong impulsive expansion that followed. The move established a decisive higher high at 0.2752, reinforcing trend continuation.
Subsequent pullbacks have remained shallow and controlled, consistently holding above the rising 99 EMA. Price compression just beneath 0.275 reflects accumulation rather than weakness, with buyers actively defending the 0.255–0.260 demand zone.
On the 15-minute timeframe, structure remains constructive, printing consistent higher lows and signaling sustained momentum. As long as 0.247 holds, the broader bullish outlook remains intact, positioning price for a potential breakout toward overhead liquidity.
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