【$KITE Signal】Long! 1H pullback confirmation, main force clearly intends to support the market

$KITE The 1H timeframe is consolidating strongly above EMA20 (0.2410), just completing a test and pullback of the resistance near the previous high of 0.2518. The 4H level EMA50 (0.2261) provides strong trend support, and the latest 4H candlestick closed at 0.25108, indicating bulls are refusing a deep correction. The order book depth shows significantly more buy orders than sell orders, open interest (OI) remains stable, and the price is firm. This is a typical main force support and accumulation structure, and an upward move is imminent.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2500 - 0.2520 (Reason: 1H EMA20 dynamic support zone, pullback confirmation after breaking previous high )

🛑Stop Loss: 0.2425 (Reason: Break below the key 1H previous low of 0.2438 and EMA50 support )

🚀Target 1: 0.2600 (Reason: Previous high resistance level, psychological barrier )

🚀Target 2: 0.2700 (Reason: Based on the recent volatility range’s 1.382 Fibonacci extension level )

🛡️Trade Management:

- Position Size Suggestion: Standard lot (Reason: 4H trend is upward, 1H structure is clear, risk-reward ratio >1.5 )

- Execution Strategy: After the price reaches 0.2600, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.2520. If the price strongly breaks through 0.2600 and stabilizes, hold the remaining position to target 0.2700.

Order Book Logic: After a 20% increase, there was no significant pullback. The 1H RSI (60.26) remains healthy and not overbought. The order book imbalance is 6.73%, with buy orders clustered around 0.2509-0.2510, indicating strong support below. The 4H buy/sell ratio remains positive (0.54), and open interest (OI) stays stable at high prices, suggesting not just short covering but ongoing bullish capital inflow. Coupled with a positive funding rate that is not high, this indicates a healthy bullish market.

View real-time quotes 👇 $KITE

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL