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【$KITE】Long, 4H Bollinger Breakout/Volume and Price Surge/Short Squeeze Structure
$KITE On the 4-hour timeframe, price has decisively broken above the upper Bollinger Band, with trading volume expanding in sync with price movement—this is sustained buying power. The MACD histogram is expanding above the zero line, with bullish momentum continuing to strengthen. The hourly RSI is approaching 70 but shows no bearish divergence yet; the intent to support the price is clear, with each pullback being quickly bought back—typical early-stage short squeeze characteristics.
🎯Direction: Long🛡️Strategy: Take profits in tranches, guard against drawdowns⚡Entry: 0.20341 - 0.20865🚀Targets: 0.23486 / 0.24796🛑Stop Loss: 0.20210
View real-time chart 👇 $KITE
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