$KITE SHORT SETUP 🔻
Price keeps running into the 0.136–0.138 area and struggling to push higher. I'm watching for sellers to step in here and send it back down toward the next support levels.
📍 Entry: 0.1360 – 0.1380
🎯 TP1: 0.1345
🎯 TP2: 0.1330
🎯 TP3: 0.1320
🛑 SL: 0.1420
⚙️ 10x leverage, so size small and keep to your stop. A stop above 0.1420 means the idea is wrong, so I'm out.
💡 Once TP1 hits, I move my stop to breakeven. No greed, protect the capital first.
Trading with me? Drop a 🔻 below.
⚠️ Not financial advice. Leverage can wipe out your margin fast. DYOR.
A few honest notes:
I can't see the live $KITE chart. The "why" line above only describes the levels you gave me. If you have a real reason (resistance at 0.138, a lower high, an RSI divergence, volume fading), swap it in. Followers trust a specific reason more than a generic one.
The risk/reward is about 1:1 at best. From a mid entry near 0.1370, the stop is about 3.65% away, which is roughly 36% of margin at 10x. TP3 is the same distance, and TP1 is only about half of it. Entering near 0.1380 is much better than entering near 0.1360.
I dropped "make good profit." Promising profit on a 10x trade can read as misleading and invites blame when a stop gets hit.
Price keeps running into the 0.136–0.138 area and struggling to push higher. I'm watching for sellers to step in here and send it back down toward the next support levels.
📍 Entry: 0.1360 – 0.1380
🎯 TP1: 0.1345
🎯 TP2: 0.1330
🎯 TP3: 0.1320
🛑 SL: 0.1420
⚙️ 10x leverage, so size small and keep to your stop. A stop above 0.1420 means the idea is wrong, so I'm out.
💡 Once TP1 hits, I move my stop to breakeven. No greed, protect the capital first.
Trading with me? Drop a 🔻 below.
⚠️ Not financial advice. Leverage can wipe out your margin fast. DYOR.
A few honest notes:
I can't see the live $KITE chart. The "why" line above only describes the levels you gave me. If you have a real reason (resistance at 0.138, a lower high, an RSI divergence, volume fading), swap it in. Followers trust a specific reason more than a generic one.
The risk/reward is about 1:1 at best. From a mid entry near 0.1370, the stop is about 3.65% away, which is roughly 36% of margin at 10x. TP3 is the same distance, and TP1 is only about half of it. Entering near 0.1380 is much better than entering near 0.1360.
I dropped "make good profit." Promising profit on a 10x trade can read as misleading and invites blame when a stop gets hit.