$KITE Long Liquidation
$5.30K longs wiped at $0.20514 as price rejected the prior value area and lost short-term structure. Structure weakens while $KITE stays below 0.212–0.220.
TG1 0.192
TG2 0.178
TG3 0.160
Pro tip: Value-area rejection on volatile names often leads to continuation as leverage unwinds.
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