I’m watching $KITE after a clean pullback from the recent high. Price rejected the upper zone and is now sitting near a short term support area around 0.083–0.084. The structure still looks healthy as long as this base holds. I’m looking for a bounce continuation rather than chasing highs.
Trade plan
Entry zone
0.0835 – 0.0842
Targets
Target 1: 0.0855
Target 2: 0.0868
Stop loss
0.0828
Why this works
I’m entering near support after a controlled retrace. The move down came with weakening momentum and buyers previously stepped in at this level. Risk is clearly defined below the structure low while upside has room back toward the recent high. This gives a clean risk to reward with confirmation from price holding above support.
KITEUSDT
Prep
0.08545
+0.04%
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