⚠️ $KITE /USDT BEARISH COOL-OFF — PULLBACK RISK BELOW 0.238
$KITE /USDT is showing early signs of short-term exhaustion after tapping 0.2478 and failing to sustain momentum. Price is hovering right at MA(7) and MA(25), while MACD has turned slightly negative (DIF below DEA), signaling weakening upside pressure. Volume is cooling compared to prior expansion — a classic setup for a corrective dip before the next major move.
Unless bulls reclaim 0.245+ quickly, a retracement toward lower support levels looks likely.
📊 Trade Setup
Entry Zone (Short Bias):
0.238 – 0.242 (rejection area)
Take Profits:
TP1: 0.231
TP2: 0.222
TP3: 0.214
Stop Loss:
0.249 (above recent high)
📈 Market Outlook
Trend: Still bullish on higher timeframe
Momentum: Short-term bearish divergence
Key Support: 0.231 → 0.222
Key Resistance: 0.2478
If price breaks below 0.231 decisively, deeper correction toward the 0.22 zone becomes probable. However, reclaiming 0.2478 invalidates bearish pressure and shifts momentum back to breakout mode.
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