KITE is battling below the 0.0750 resistance, eyes on the 0.0725 swing low. The price is flirting with a bearish order block that could trigger a short swing.
🔴 $KITE SHORT 📉
Entry → $0.114066-$0.114294
Stop → $0.117605 (-3.0%)
TP1 → $0.112467 (+1.5%)
TP2 → $0.108471 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character popped up as the market broke the recent higher low, confirmed by a surge in sell‑side CVD. The fair value gap from the 0.0770‑0.0765 zone aligns with an order block, creating a POI confluence, and a liquidity sweep wiped out the short‑term buying. All signs point to a short bias with a 1:1.7 reward‑to‑risk.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 5× to avoid a margin call.
Take half the position off at the first target around 0.0690 to lock in early gains.
Not financial advice — trade only what you can afford to lose 🙏
$KITE #KITEUSDT #SMC #TradingSignals #Write2Earn
🔴 $KITE SHORT 📉
Entry → $0.114066-$0.114294
Stop → $0.117605 (-3.0%)
TP1 → $0.112467 (+1.5%)
TP2 → $0.108471 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character popped up as the market broke the recent higher low, confirmed by a surge in sell‑side CVD. The fair value gap from the 0.0770‑0.0765 zone aligns with an order block, creating a POI confluence, and a liquidity sweep wiped out the short‑term buying. All signs point to a short bias with a 1:1.7 reward‑to‑risk.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 5× to avoid a margin call.
Take half the position off at the first target around 0.0690 to lock in early gains.
Not financial advice — trade only what you can afford to lose 🙏
$KITE #KITEUSDT #SMC #TradingSignals #Write2Earn