$KITE / USDT
Price has entered a strong higher-timeframe supply / resistance zone after a sharp pump. This area previously showed heavy selling pressure, and profit-taking is expected here. Upside liquidity is limited, while clear downside liquidity remains, keeping the overall bias bearish.
Short Trade Setup (Limit Order)
Entry : 0.190 – 0.195
Stop Loss: 0.220
(Invalidation above supply zone)
Targets:
TP1: 0.160
TP2: 0.120
TP3: 0.090
Confirmation:
Rejection wicks or bearish candle close inside supply zone
Volume exhaustion after the pump
Lower-timeframe structure shift to bearish
Invalidation:
Strong close and acceptance above 0.22
Short idea invalidated, pump continuation possible