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$KITE

KITE is one of the most interesting high volatility setups on this screen because weakness can become either a warning or an opportunity depending on what happens next.


The screenshot shows KITE around 0.14467 with a market capitalization near 367.08 million and a daily decline of approximately 5.83 percent.


This is not a coin I would chase after a sharp drop.


Instead, I want to see whether buyers defend the 0.140 to 0.145 region. If that area holds and selling pressure starts disappearing, a recovery setup could develop.


The first confirmation would be a reclaim of 0.150. Above that, 0.160 becomes the first important upside target, followed by 0.175 and 0.190.


The risk is clear. If 0.135 fails with heavy volume, the market may need to find a lower support zone before another attempt.


EP: 0.140 to 0.146


TP: 0.160

TP: 0.175

TP: 0.190


SL: 0.135


This is where traders need patience. A falling knife does not become a setup until buyers prove they are willing to defend it.


I am ready for the move.


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