🚨 $KITE TRADE SIGNAL – KITE/USDT 🚨
Current Price: $0.21477
Bias: Bearish 📉
Market Structure:
Price is rejecting resistance and forming lower highs on lower timeframes. Bearish continuation is likely. This setup is treated as a short unless structure shifts.
🔴 SHORT SETUP (Bearish Continuation)
Entry Zone: $0.2160 – $0.2180
Stop Loss: $0.2220
Targets:
🎯 TP1: $0.2100
🎯 TP2: $0.2050
🎯 TP3: $0.2000
💡 Strategy:
Secure partial profits at TP1 and trail stop to break-even to protect gains.
⚠️ Invalidation:
If price closes strongly above $0.2220, the bearish setup is invalid. A break above could trigger a short squeeze toward $0.2300.
⚠️ Risk Note:
Small caps like $KITE can move quickly. Use controlled position sizing, especially if trading futures.
$KITE $KITEUSDT Perp +17.05%