$KITE/USDT (SPOT) — 4H Trading Setup
$KITE is trending upward and staying above key EMAs, showing bullish structure. We’re approaching resistance, so the best approach is either buying a clean breakout or waiting for a retest.
Entry Zones:
Regular Entry: 0.0910 – 0.0920
Dip Entry (preferred): 0.0900 – 0.0905 (around EMA12)
Take Profit Levels (TPs):
TP1: 0.0935 (recent resistance)
TP2: 0.0950 (after breakout continuation)
TP3: 0.0980 (next push zone)
TP4: 0.1020 (only if momentum stays strong)
Take profits in stages—avoid getting greedy at resistance.
Stop Loss (SL):
Tight SL: 0.0890 (below local support)
Safe SL: 0.0874–0.0875 (below EMA200 and breakdown level)
4H EMA Levels:
EMA5: 0.0913
EMA12: 0.0905
EMA53: 0.0879
EMA200: 0.0875
Price remains above EMA200 with faster EMAs leading, confirming bullish structure.
RSI (6): ~67.16 — showing strong momentum but not extremely overbought yet. A further RSI rise could trigger a short pullback or retest.
Trendline: Uptrend from 0.0769 low with higher highs and higher lows.
Plan:
Break above 0.0935 → target TP2/TP3.
Pullback to 0.090–0.0905 and holds → ideal entry zone.
