🚀 $KITE Trading Setup – Bullish Reversal in Play?
🔍 Market Structure
$KITE is showing signs of recovery after a short-term downtrend. Price is stabilizing around the 0.159 support zone, and selling pressure is clearly fading — a potential early signal of a bullish reversal.
📊 Price Action Insight
After bouncing strongly from 0.1597, price is now forming higher lows while consolidating.
This kind of structure often indicates accumulation phase before a breakout.
💡 Trade Plan (Long Setup)
🔹 Entry: 0.1600 – 0.1620
🔹 Stop Loss: 0.1585
🎯 Targets:
➡️ TP1: 0.1680
➡️ TP2: 0.1730
➡️ TP3: 0.1780
⚡ Key Level to Watch
Holding above 0.159 keeps the bullish bias intact.
A clean breakout above 0.163 could trigger strong upside momentum.#KİTE
KITEUSDT
Perp
0.1595
-2.63%