📊🔴 $KITE / USDT Correction Short Setup (1D)

After a powerful rally from 0.0858 → 0.2427, price is showing rejection near the top with small red candles forming signs of a short-term pullback phase.

Bias: Short-term correction within larger uptrend

🔴 Entry: 0.202 – 0.210

🛑 SL: 0.225

🎯 TP1: 0.181

🎯 TP2: 0.160

🎯 TP3: 0.135

💡 Structure Insight:

Clear rejection from recent high (0.2427)

Momentum cooling after vertical expansion

Likely mean reversion toward prior demand zones

This is a correction play, not full trend reversal unless structure breaks deeper.

Scale profits at targets & manage risk strictly ⚠️

DYOR

Trade $KITE Here 👇🏻

KITEUSDT

Διην.

0.21947

+6.08%