【$KITE Signal】Long + 1H Breakout to New High, Funds Continue to Flow In

$KITE The 1H timeframe just strongly broke above the previous high of 0.259, creating a new high of 0.266 with strong momentum. The 4H timeframe has already stabilized above all moving averages, showing a stepwise upward trend with a clear bullish trend. The current price has pulled back slightly after the breakout, presenting an excellent opportunity for a second entry.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.260 - 0.262 ( Reason: 1H timeframe breakout retest confirmation zone, EMA20_1H dynamic support )

🛑 Stop Loss: 0.253 ( Reason: Break below the previous 1H candle low and EMA50_1H support )

🚀 Target 1: 0.275 ( Reason: Recent resistance level based on ATR measurement )

🚀 Target 2: 0.285 ( Reason: Fibonacci 1.618 extension of the previous wave high )

🛡️ Trading Management:

- Position Size Recommendation: Standard position ( Reason: Multi-timeframe resonance, clear trend )

- Execution Strategy: After the price reaches 0.275, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.262. If the price strongly breaks through 0.275, consider raising the remaining position target to 0.285.

Deep Logic: Funding rate is only 0.005%, with no overheating risk. The latest 1-hour candle shows buy volume at 59%, indicating strong active buying. Market depth shows a large number of sell orders stacked above 0.2634, and a breakout could trigger a short squeeze. The 4H position volume remains stable, with prices rising sharply while open interest (OI) does not decrease, indicating a healthy bullish momentum. RSI_1H is at 68.64, leaving room for further upside.

View real-time market 👇 $KITE

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