$KITE had a sharp bounce after a long decline, showing early signs of a relief rally from the local bottom.
Buyers are starting to step in, and momentum is slowly shifting. If the price continues to hold above key support, this move can extend further.
Trade Setup — LONG ($KITE):
Entry: 0.205 – 0.210
Stop Loss: 0.192
Targets:
TP1: 0.218
TP2: 0.225
TP3: 0.233
TP4: 0.242
As long as price holds above 0.200, dip buying remains valid and structure stays stable.
Often, coins that drop hard tend to bounce strongly — this setup is showing similar behavior.
Stay patient and manage risk properly.
#SECClarifiesCryptoClassification
KITE
0.2217
+3.45%