$KITE moved up into a strong resistance zone, but price is getting sold again. There is no strong acceptance above this level.

The move up looks like a pullback, not a real trend change. Selling pressure appears on every push higher, and the structure is still bearish. As long as this zone holds, price is likely to move lower.

Short Entry: 0.15 – 0.157

Stop Loss: 0.167

Targets:

• TP1: 0.142

• TP2: 0.135

• TP3: 0.126

Leverage: up to 10x (manage risk)

Trade smart and stay disciplined 📉

KITEBSC
KITEUSDT
0.14544
+1.03%