🚨Breaking 🚨
:On the 4H timeframe, $KITE is printing a Bearish Divergence. Despite the recent Mainnet roadmap announcement on Avalanche, the price failed to break its All-Time High ($0.161) and is now sliding below the 50-day EMA. We expect a liquidity hunt toward the $0.137 support cluster.
📍 THE SETUP (PERPETUAL)
Bias: Bearish (Short-Term Correction)
Entry Zone: $0.14150 – $0.14195
Leverage: 3x - 5x (Maximum)
Stop Loss (SL): $0.14500 🛑
(Exit if a 1H candle closes above the recent swing high)
🎯 TARGET PROFITS (TP)
TP1: $0.13706 (Primary Support / Majo
Liquidity Gap) 📉
TP2: $0.13200 (Psychological Level / 0.618 Fib Retracement)
TP3: $0.12500 (Max Pain Zone / Demand Re-test) 🚀
KITEUSDT
Perp.
0.15008
-1.23%