$KITE /USDT Bearish Continuation Signal ⚡
Technical Analysis:
$KITE /USDT is showing strong bearish momentum after a sharp drop from the $0.2889 high. The price is currently around $0.224, holding near key support levels. Sellers are in control, and the pair is likely to continue its downward move, signaling a bearish continuation.
Trade Setup:
Entry Range: $0.224 – $0.226
Target 1: $0.210
Target 2: $0.200
Target 3: $0.190
Stop Loss (SL): $0.240
Key Levels:
Support: $0.210, $0.200
Resistance: $0.240, $0.260
Short Outlook:
If $KITE E/USDT breaks below $0.200, further downside toward $0.190 is possible. Conversely, a recovery above $0.240 could indicate temporary bullish correction, but the overall trend remains bearish.
I can also draft a more aggressive intraday short setup with tighter entries and faster targets if you want.
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