KITE/USDT (15m) Trade Plan
Entry Zone: 0.0918 – 0.0923 USDT
Stop Loss: 0.0938 USDT
Take Profit 1: 0.0903 USDT
Take Profit 2: 0.0890 USDT
Take Profit 3: 0.0875 USDT
KITE continues to print lower highs and lower lows, which confirms bearish market structure. The recent recovery appears to be a relief bounce rather than a trend reversal. A rejection around 0.0918–0.0923 could provide a favourable short entry. If the price closes above 0.0938, the bearish setup is invalid and the trade should be exited. As the trade moves in your favour, consider taking partial profits at each target and move the stop loss to breakeven after TP1 to protect gains.
$KITE
Entry Zone: 0.0918 – 0.0923 USDT
Stop Loss: 0.0938 USDT
Take Profit 1: 0.0903 USDT
Take Profit 2: 0.0890 USDT
Take Profit 3: 0.0875 USDT
KITE continues to print lower highs and lower lows, which confirms bearish market structure. The recent recovery appears to be a relief bounce rather than a trend reversal. A rejection around 0.0918–0.0923 could provide a favourable short entry. If the price closes above 0.0938, the bearish setup is invalid and the trade should be exited. As the trade moves in your favour, consider taking partial profits at each target and move the stop loss to breakeven after TP1 to protect gains.
$KITE