【$KITE Signal】Long | Short squeeze continues, deep imbalance support

$KITE After a volume breakout, the price consolidates strongly at high levels, which is a typical continuation pattern in a short squeeze market, not a top.

🎯Direction: Long

🎯Entry: 0.1980 - 0.2005

🛑Stop Loss: 0.1892 (Rigid stop loss, below the previous 4H candle low and EMA20 support)

🚀Target 1: 0.2150

🚀Target 2: 0.2300

Market Analysis: After a single-day surge of 19%, there has been no deep correction, only narrow fluctuations around 0.20. Key data reveal the main force’s intentions: funding rate is only 0.005%, far from dangerous levels, ruling out the possibility of large-scale pump and dump by the main players. Open interest (OI) remains stable, indicating that long positions are not being liquidated on a large scale.

Logical core: Deep imbalance (7.13%) and thick bid depth (Bid/Ask Ratio: 1.15) show strong buying support below, a clear signal of institutions protecting the price and accumulating positions at key levels. The price remains firmly above EMA20 (0.1826), with a solid trend structure. RSI (67.48) is high but not overbought, and on the 4H timeframe, it shows healthy sideways digestion, preparing for the next upward move.

Overall judgment: Currently driven by a “short squeeze + institutional support” dual mode. Any pullback into the entry zone is a low-risk entry opportunity, with clear stop loss and a risk-reward ratio >2.

Trade here 👇 $KITE
$BTC

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