KITE • Spot Market Analysis (Daily TF)
🟢 Structure
Price is compressing inside a symmetrical triangle, indicating accumulation after volatility. This usually precedes a strong directional breakout.
🟢 Trend Context
Despite prior sell-off, KITE is holding higher lows, supported by the rising lower trendline — bullish structure remains intact.
🔴 Resistance Zone
Upper trendline + Ichimoku cloud around 0.098–0.100 acts as a key resistance. Rejection here may delay the breakout.
🟢 Support Zone
Strong demand seen near 0.093–0.094. This level aligns with MA cluster and triangle support — critical for bulls to defend.
🔴 Momentum Signals
Price is still below the cloud, and volatility is compressed (BB squeeze) → fakeouts possible before real move.
🟢 Bullish Scenario
Clean breakout above 0.100 → momentum expansion toward 0.115–0.125.
🔴 Bearish Scenario
Loss of 0.093 → breakdown of structure and retrace toward 0.088–0.082.
Insight: KITE is in a decision zone. Expansion is coming — wait for confirmation, don’t front-run the breakout. $KITE #StrategyBTCPurchase #BTC100kNext?