Smart money is accumulating $KITE as fear grips the crowd.

$KITE - LONG

Trade Plan:

Entry: 0.27487 – 0.28015

SL: 0.26168

TP1: 0.29334

TP2: 0.29861

TP3: 0.30917

Why this setup?

Downside momentum on KITE appears spent, with bids defending the higher timeframe demand zone. The structure remains solid around 0.27751, establishing a series of higher lows.

A close below 0.26168 is needed to negate the bullish bias. The likely path is upward, with short covering poised to fuel a rally into the overhead supply.

Debate:

Do you see this KITE price action as a genuine reversal?

Trade here 👇

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$KITE

KITE
KITEUSDT
0.16052
+0.01%