Trend Reversal: Going Long $KITE 🪁
Entry Range: 0.1880 – 0.1950
📈 Analysis: A strong reversal structure is forming on the 1-hour chart with higher highs and higher lows. $KITE found support near 0.1590 and has made a clear impulsive upward move. The price is currently consolidating below the resistance level. As long as it stabilizes above 0.1850, the bullish structure will remain intact, opening up further upside potential.
🎯 Take Profit Targets:
0.2050
0.2200
0.2400
🛑 Stop Loss: 0.1760
Trade below 👇
KITEUSDT
Perp
0.19686
+20.90%
Disclaimer: DYOR, NFA