$KITE /USDT

15M Momentum Snapshot

KITE is showing strong short-term momentum after a clean impulsive move from the 0.0840 zone. Price printed a sharp series of higher highs and higher lows, pushing into the 0.0895 area before a healthy pullback.

Current price is around 0.0874, sitting just below the local high. The recent red candles look more like profit-taking than weakness, especially after such an aggressive upside expansion.

Key levels to watch:

Immediate support lies around 0.0865–0.0860. This zone previously acted as a base before the strong breakout. As long as price holds above it, bullish structure remains intact.

Stronger support rests near 0.0848–0.0840, the origin of the move. A loss of this zone would weaken the bullish case.

On the upside, resistance is clear near 0.0895. A clean reclaim and hold above this level can open the door for continuation and fresh momentum entries.

Volume remains healthy, confirming participation during the push. The move looks driven by real demand rather than thin liquidity.

Bias: Bullish above 0.0860.

Expectation: Consolidation or shallow pullback, then continuation attempt.

Risk note: Chasing highs is risky; best opportunities usually come on controlled pullbacks into support.

This is a chart that rewards patience and discipline rather than emotion.

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