$KITE /USDT
Price is holding a clearly defined demand zone around 0.0880–0.0890 after a controlled pullback. Multiple wicks into this area suggest buyers are defending aggressively rather than panic selling.
Structure-wise, downside momentum is slowing and compression is forming. This is typically where continuation or a relief move starts if the level holds.
Trade idea: Entry: 0.0880–0.0890
Targets: 0.0915 → 0.0940
Stop: Below 0.0870 on a clean breakdown
Bias remains cautiously bullish as long as price stays above demand. A reclaim of 0.0900 would likely accelerate momentum. Manage risk accordingly.
