$KITE — knife-drop into a fresh demand shelf (0.2225–0.2260). If this base holds, the bounce can be fast. If it snaps, continuation is brutal.

Setup A (Rebound from demand) — LONG EP: 0.2230 – 0.2265

SL: 0.2188

TP1: 0.2338

TP2: 0.2484

TP3: 0.2630

TP4: 0.2776

TP5: 0.2889

Setup B (Demand breaks) — SHORT EP: 0.2218 – 0.2195 (after a clean break & retest under 0.2225)

SL: 0.2288

TP1: 0.2135

TP2: 0.2050

TP3: 0.1960

How to play it (clean rules):

Long only if price holds above 0.2225 and starts reclaiming 0.2338.

Short only if you get a decisive close below 0.2225 and it fails on the retest.

Lock risk early: after TP1, move SL to entry (or just above/below the level you reclaimed).

If you want, tell me: spot or futures + your risk %, and I’ll size it into a tighter “single-plan” post.