$KITE Signal】Long - 1H pullback confirmation, main force clearly protecting the market



$KITE The 1H timeframe is supported near the EMA20 moving average, and the price refuses to drop sharply, forming a strong consolidation structure. Although the 4H timeframe is in a consolidation zone, the open interest remains stable, combined with substantial buy depth, indicating that the main force has not exited after the rally but is instead protecting the market and accumulating positions at key levels. The 1-hour RSI has rebounded from low levels to a healthy zone, and momentum is recovering, signaling that a new upward push is about to trigger.

🎯Direction: Long

⚡Entry/Order: 0.2285 - 0.2301

🛑Stop Loss: 0.2219

🚀Target 1: 0.2377

🚀Target 2: 0.2390

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through Target 2, move the remaining position’s stop loss to hold for greater gains.

Depth Logic: Over the past 4 hours, trading volume has increased, but the price has not fallen significantly, which is a typical feature of strong shakeouts. On the 1-hour chart, the price repeatedly tests above the key support level of 0.2280, with buy depth clearly exceeding sell depth, indicating strong support below. Open interest remains stable, funding rates are healthy, ruling out liquidation risks, and it is more likely that the main force is collecting chips during consolidation, preparing for the next rally.

View real-time market 👇 $KITE

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