【$KITE Signal】Long Position Play! After a violent surge on the 1H timeframe, the price consolidates strongly with clear signs of main capital support.

$KITE On the 1H timeframe, following a massive bullish candle (over 10% increase), the price is currently consolidating strongly at a high level. The 4H timeframe has confirmed a breakout above the previous consolidation range, forming a new upward trend. The current price is trading sideways near the close of the massive candle, with buy depth (bid_ask_ratio_depth=0.70) showing strong support below, and market logic indicating “price is rising, please consider position size to determine if main funds are entering.” Open interest remains stable, suggesting it’s not just short covering but actual capital support. The 1H RSI is as high as 83, indicating overbought conditions, but the Hot Coin characteristic allows for overbought conditions to persist. The key is whether the price can hold the critical support level.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.2380 - 0.2395 ( Reason: Support at the lower end of the strong consolidation zone, half of the massive bullish candle body )

🛑 Stop Loss: 0.2320 ( Reason: Break below the opening price of the massive bullish candle at 0.2189 and EMA20_1H support, confirming weakening upward momentum )

🚀 Target 1: 0.2500 ( Reason: Psychological resistance at round number and extension of previous high )

🚀 Target 2: 0.2600 ( Reason: Based on ATR(0.0107), 1.5 times extension level )

🛡️ Trading Management:

- Position suggestion: Light position ( Reason: 1H RSI is seriously overbought, increasing risk of chasing the top, but trend remains strong, aiming for small gains with big potential )

- Execution strategy: After reaching 0.2500, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.2390. If the price cannot hold above 0.2450 and falls back into the entry zone, consider exiting early.

Deep logic: This surge was driven by a single massive 1H candle with volume over five times the previous candle, a typical main force behavior. Despite RSI being overheated, open interest remains stable, and buy depth in the order book is dominant (-17.65% depth imbalance indicates selling pressure is concentrated higher up), suggesting main funds are not rushing to sell but are instead rotating or supporting the price at high levels. The 4H level has already broken out, turning the trend bullish. The core risk is that RSI overbought conditions may trigger short-term profit-taking, so a small position and strict stop-loss are necessary. The game is whether main funds can complete a rotation and then launch a second wave of surge.

View real-time market 👇 $KITE

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