$KITE is currently trading near 0.1205, up around +4.8 percent over the last 24 hours. Price has shown strong strength after bouncing from the 0.1143 support zone and steadily printing higher highs and higher lows. The recent push toward 0.1206 marks a clear breakout attempt, with buyers showing confidence rather than hesitation.

On the 1H timeframe, the structure is decisively bullish. After a brief consolidation in the mid-range, price resumed its upward move with strong green candles and shallow pullbacks. This behavior suggests continuation momentum, not exhaustion. As long as price holds above the recent breakout zone, the trend remains intact.

Trade Setup

Entry Zone: 0.1190 – 0.1205

Target 1: 0.1230

Target 2: 0.1280

Target 3: 0.1350

Stop Loss: 0.1140

Holding above the 0.118–0.119 area keeps the bullish structure valid. A clean continuation above 0.121 with volume confirmation could unlock the next leg higher toward upper resistance levels. A breakdown below 0.114 would invalidate the setup and signal loss of momentum.

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KITE

0.1394

-3.19%