📈 Trade Setup: $KITE /USDT (Long)
KITEUSDT
Διην.
0.21481
+4.36%
The asset is showing a bullish "V-shaped" recovery on the 15m timeframe, suggesting buyers are stepping back in after the recent dip.
Entry Price: 0.23726 (Current Market Price) or wait for a slight pullback to 0.23500.
Take Profit 1 (Conservative): 0.24400 (Previous local high)
Take Profit 2 (Aggressive): 0.24800 (24h High resistance)
Stop Loss: 0.22750 (Just below the recent swing low to protect capital)
🔍 Quick Analysis
Current Trend: Short-term bullish reversal on the 15m chart.
Support: Strong support noted at 0.22853.
Risk/Reward: By setting the SL at 0.22750, you are risking about 4% for a potential gain of 4.5% to 6.5%.
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