Market Structure: $KITE : After a sharp downtrend, momentum is weakening and price is stabilizing near key support. Early signs of accumulation suggest a potential reversal phase.
Price Action: Strong reaction from the 0.1550 zone with higher lows beginning to form. Price is consolidating under resistance, indicating buildup for a breakout move.
Trade Setup (Long): Entry Zone: 0.1580 - 0.1610
Targets: โข 0.1700 โข 0.1760 โข 0.1810
Stop Loss: 0.1540
Holding above 0.1550 keeps the bullish setup intact. A breakout above 0.1650 can trigger strong upside continuation. #KฤฐTE #trading #crypto #Binance #bnb $BTC {future}(BTCUSDT) {future}(KITEUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.