KITE is testing a bearish swing low around 2.45, eyeing the 2.40 support zone. A 3% stop loss translates to a 3.3× max leverage to keep risk under 1% of account.
🔴 $KITE SHORT 📉
Entry $0.131588-$0.131852 | SL $0.135672 (-3.0%) | TP1 $0.129744 (+1.5%) | TP2 $0.125134 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower highs (CHoCH) and volume divergence (CVD) confirmed the down move. A fair value gap sits right above the entry, overlapping an order block and liquidity sweep, giving a tight confluence.
A 3.0% SL is relatively tight on this swing, so keep leverage around 3× to stay safe.
Take half profit at the first target near 2.42.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$KITE #KITEUSDT #AIStocksWhatNext #TradingSignals #Write2Earn
🔴 $KITE SHORT 📉
Entry $0.131588-$0.131852 | SL $0.135672 (-3.0%) | TP1 $0.129744 (+1.5%) | TP2 $0.125134 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower highs (CHoCH) and volume divergence (CVD) confirmed the down move. A fair value gap sits right above the entry, overlapping an order block and liquidity sweep, giving a tight confluence.
A 3.0% SL is relatively tight on this swing, so keep leverage around 3× to stay safe.
Take half profit at the first target near 2.42.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$KITE #KITEUSDT #AIStocksWhatNext #TradingSignals #Write2Earn