$KITE /USDT Trade Update 📊

Current Price: ~$0.215

Market Bias: Bearish momentum building

📉 Technical Outlook

Price action on lower timeframes continues to show rejection near resistance with a pattern of lower highs, signaling that sellers remain in control. Unless bulls reclaim key levels with strong volume, downside continuation remains the higher-probability scenario.

We’re treating this as a short setup until structure shifts decisively.

🔴 Short Trade Plan (Continuation Setup)

Entry Zone: $0.213 – $0.218

Stop Loss: $0.229

Targets:

🎯 TP1: $0.205

🎯 TP2: $0.195

🎯 TP3: $0.182

💡 Strategy Tip:

Secure partial profits at TP1 and move stop to break-even to reduce exposure.

⚠️ Invalidation Scenario

A strong close above $0.229 would invalidate the bearish setup.

If price pushes beyond $0.235, a short squeeze could drive momentum toward the $0.25 area.

🔎 Risk Management

Small-cap tokens can move aggressively, especially in futures markets.

✔️ Use disciplined position sizing

✔️ Avoid over-leverage

✔️ Respect stop-loss levels

If you share your preferred timeframe (15m / 1H / 4H), I can fine-tune entry precision and confirm structure strength.$BTC

KITE

0.1986

-9.39%

BTC

69,576.15

+3.07%

#CPIWatch #USNFPBlowout #USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH