KITE demonstrates strong momentum after aggressive selling from liquidity. Buyers confidently defended the lows, indicating a clear transition from distribution to re-accumulation. The price is no longer falling, emphasizing the significance of this situation. 📈
After a sharp decline, $KITE showed no panic in selling. Instead, it stabilized, formed a higher low, and began to restore its structure step by step. This indicates that weak hands have exited, while strong players are actively building positions. 💪
**Market Overview:** We observe a recovery structure towards continuation. The initial downward impulse cleared liquidity, followed by a sharp response from demand. Now, the price confidently holds above the reaction zone. Selling pressure is weakening, candles are tightening, and buyers are entering the market earlier, signaling a controlled price movement. 📊
**Entry:** We plan to enter in the range of 0.1460 – 0.1490. This zone demonstrates active demand, with consistent price acceptance. 🎯
**Targets (TP):**
TP1: 0.1550
TP2: 0.1605
TP3: 0.1680
These targets align with previous rejection zones and natural extension levels from the recovery stage.