$KITE is heating up as price presses into a heavy liquidation pocket.
Data shows ~$9.8M in liquidations stacked around $0.214, a level that historically triggers fast reactions once forced sellers are cleared.
These zones usually act like a rubber band. When liquidation pressure exhausts, snapback volatility kicks in hard — shorts rush to cover, bids step up, and price reclaims range quickly. This is where momentum traders hunt the bounce.
Market structure is stretched. Liquidity is thin. One strong push can flip sentiment fast.
EP: 0.216
TP: 0.238
SL: 0.206
