$KITE /USDT
Current Price: $0.2518 (-1.25%)
KITE is showing weakness after failing to hold the $0.2620 high. Price has dipped below the MA7($0.2544), signaling a potential loss of short-term momentum. However, it is still trading above the 25 and 99 MAs, which could act as support.
Short Setup (if rejection continues)
* Entry Zone: $0.2510 – $0.2530
* Stop Loss: $0.2635
* TP1: $0.2440
* TP2: $0.2375
* TP3: $0.2310
Volume is cooling off. If the price reclaims $0.2544, the bearish thesis may be invalidated.