🚀 $KITE Breakout Setup
📊 Signal Type: Short
⚡ Leverage: 3x – 5x
📍 Entry:
$0.296 – $0.300
🎯 TP1:
$0.289
🎯 TP2:
$0.282
🛑 Stop Loss:
$0.305
After a strong rally that pushed $KITE toward the recent high around $0.3077, the price is starting to show signs of short-term weakness. The latest candles indicate rejection near the local resistance zone, while momentum begins to slow around the short-term EMA levels.
If selling pressure continues to build, the price could attempt a short-term pullback toward the nearby support zones.
Traders may want to watch for confirmation if the price fails to reclaim the $0.300 area, as sustained rejection around this level could strengthen the bearish momentum.
KITE
0.2871
-3.33%
✨ Trade Smart. Manage Risk. Always #dyor