$KITE Short Trade Update

KITE short is moving well and currently in profit. The entry was taken at 0.20889, where price rejected the upper zone and started trending lower.

Right now, price is trading near 0.20638, putting the position at around +30.31% profit on 25x leverage. The downside move is steady, with sellers maintaining short-term control.

Since the trade is in profit, this is the time to manage it properly. I am moving my stop-loss to the entry price (0.20889) to secure the position and remove risk.

For take profits, partial profit can be booked around 0.2055, with the next target near 0.2000 if selling pressure continues.

Short $KITE here 👇⬇️

KITEUSDT

دائم

0.20907

+1.89%