$KITE making a good base at demand zone while most people are in fear

trade plan: long $KITE

entry: 0.274 - 0.280

stop loss: 0.2616

targets

tp1: 0.2933

tp2: 0.2986

tp3: 0.3091 and above

move sl to entry after tp1

down side momentum looking totally finished now and buyers are defending the big time frame demand area very well. chart structure is looking solid near 0.277 and making nice higher lows. we need a close below 0.2616 to make this setup invalid. path is looking clear for up side because short sellers will close position and push price higher toward supply zone. we will see if kite give a real reversal from here.

risk max 1-2

click 👇and long $KITE

KITEUSDT

Perp

0.15102

-2.46%