I’m watching $KITE after a clean intraday sell-off into a strong demand zone. Price is compressing near the lows, sellers are slowing, and this is where I look for a bounce or momentum reclaim. I’m not chasing highs, I’m planning from support with controlled risk.

Trade Plan

Entry Zone

0.0848 – 0.0853

Target Point(s)

Target 1: 0.0867

Target 2: 0.0885

Stretch: 0.0900

Stop Loss

0.0839

Why this setup works

I’m trading into a previous reaction zone after a sharp move down. Price is forming a base, volume is cooling, and downside momentum is weakening. This gives me a clear invalidation below support and a favorable risk-to-reward if momentum flips. Simple structure, clear levels, no guesswork.

$KITE

KITEBSC
KITE
0.0847
-3.31%

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