$KITE
/USDT Trade Setup: SHORT ✅
📌 Pair: KITE/USDT Perp
⚙️ Leverage: Cross 5x–10x (depending on your risk tolerance)
KITE is showing a clear bearish 15m structure, trading below EMA(9/21/100) after a steady downtrend from the high ~0.25763 toward the recent low ~0.21856. Price is now hovering around 0.22248, with RSI still weak and MACD only showing a small bounce — so I’m looking for a short-on-bounce setup as long as KITE stays below the EMA resistance zone.
✅ Entry Zone
🎯 0.2230 – 0.2260 (sell the bounce / EMA resistance zone)
🎯 Take Profit Targets
💰 TP1: 0.2210 (first support / local breakdown)
💰 TP2: 0.2186 (recent low retest)
💰 TP3: 0.2150 (breakdown extension target)
🛑 Stop Loss
⛔ SL: 0.2295 (above key resistance / invalidation)
📌 Trade management idea:
At TP1 → take 30–50% profit + move SL to Entry (BE)
If price rejects around 0.2230–0.2260 → the short setup stays valid
If KITE breaks below 0.2186 cleanly → runners can aim for TP3
If price reclaims and holds above 0.2295 → setup invalid, exit
⚠️ Trade safe — always use a stop loss.
#KITE #Futures #Trading