$KITE — heavy consolidation below the VWAP, with RCI curling upward to suggest a mean reversion play.

Long $KITE (scalp reversal)

Entry: 0.1455–0.1465

Stop Loss: 0.1435

TP1: 0.1475

TP2: 0.1490

TP3: 0.1510

Price is currently trading under the intraday VWAP but is showing resilience and finding a local floor. The RCI on the 15m chart is recovering from the oversold zone, indicating that selling pressure is exhausted and a bounce toward equilibrium (VWAP) is likely. If the price closes below 0.1435, the setup is invalidated.

Manage risk.

KITEBSC
KITEUSDT
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