$KITE 🤑🤑🤑🤑🤑💰💰💰
TRADE SIGNAL – KITE/USDT (4H Timeframe)
KITE is currently trading around $0.2468 after facing strong rejection near $0.2889, which marks the recent local high. The sharp pullback from that level suggests selling pressure is active and momentum is weakening in the short term.
On the 4H chart, price failed to hold above the recent breakout zone and is now moving back toward support. If bearish momentum continues, the next downside targets could be:
🔻 Support 1: $0.230
🔻 Support 2: $0.228
🔻 Major Support: $0.205
KITEUSDT
Perp
0.23734
-10.95%
As long as price stays below $0.27–$0.28, the structure favors sellers. A breakdown below $0.235 may accelerate the move toward the $0.22 zone.
📌 Bearish Setup Idea:
Entry: Below $0.2378
Stop-Loss: Above $0.272
Targets: $0.224 / $0.205
If bulls reclaim $0.28 with strong volume, this bearish view becomes invalid.
Trade carefully and manage risk properly👇
