KITE's slumping right now, eyeing that 2.84 zone like a magnet. The price just broke the last swing low.
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๐ด
$KITE SHORT ๐
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๐ Entry Range: $0.125005 โ $0.125255
๐ Stop Loss: $0.128884 (-3.0%)
๐ฏ TP1: $0.123253 (+1.5%)
๐ TP2: $0.118873 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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We got a CHoCH on the 15โmin, volumeโs screaming bearish on the CVD, and the fairโvalue gap lines up right under the break. An order block sits just above the gap, giving us a POI confluence, and the liquidity sweep knocked out the nearest buy stop.
A 3% stop is pretty tight on this move, so keep leverage around 2โ3x.
Take half off the table once you hit the first target around 2.78.
Not financial advice โ trade only what you can afford to lose ๐
$KITE #KITEUSDT #NIL #TradingSignals #Write2Earn