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【$KITE Signal】Short-term momentum chasing and sniping, 1H momentum continuation
$KITE Order book buy and sell depth are balanced, after a 11.67% price surge no obvious selling pressure appeared, turnover is active. 4H data unavailable but 1H momentum remains, continue to be bullish in the short term.
🎯Direction: Long
⚡Entry/Order: 0.22556 (current price)
🛑Stop loss: 0.22263
🚀Target 1: 0.23481
🚀Target 2: 0.23887
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to entry price; remaining position aims for Target 2. Exit if price falls below stop loss.
Depth logic: After rapid price increase, sideways consolidation at high levels to digest, funding rate remains stable, bulls have not exited. Risk-reward ratio 2:1, worth a shot.
View real-time market 👇 $KITE
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