【$KITE Signal】Long! 1H strong breakout, capital inflow driving short squeeze

$KITE The 1H timeframe just saw a volume breakout above the previous high of 0.2738, creating a new intraday high of 0.2813, with strong momentum. The 4H timeframe has been closing bullish consecutively, staying above the EMA20, forming an upward channel. The current price has pulled back slightly after the breakout, presenting an excellent short-term entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2760 - 0.2780 (Reason: Pullback after breakout confirms support zone, 1H EMA20 dynamic support )

🛑Stop Loss: 0.2680 (Reason: Break below the previous 1H candle low and key psychological level )

🚀Target 1: 0.2880 (Reason: Previous high resistance and 1.272 Fibonacci extension level )

🚀Target 2: 0.2950 (Reason: 1.618 Fibonacci extension level, potential short squeeze target )

🛡️Trade Management:

- Position Size Suggestion: Standard position (Reason: Multi-timeframe resonance upward, clear breakout structure )

- Execution Strategy: When price reaches 0.2880, reduce position by 50% and move stop loss to entry price. Remaining position aims for Target 2; if price retraces to entry, exit unconditionally.

Deep Logic: Over the past 4 hours, open interest remains stable, yet price has surged by 19%, indicating a typical capital-driven short squeeze. The latest 1-hour candle shows buy volume at 58%, demonstrating strong active buying. Although the 1H RSI is high at 76, it can be dulled in a strong breakout scenario. Market depth shows sell orders stacked above 0.2778, but buy support is also dense, opening space above after breakout. Combined with positive funding rates, bullish sentiment is strong.

View real-time market 👇 (
---

Follow me: Get more real-time analysis and insights on the crypto market! )()