$KITE USDT Perp Short Position Update 🚨
Currently holding a short position on KITEUSDT (20x Cross) and the setup is playing out nicely so far.
Entry was taken around 0.1430, and price is now trading near 0.1411, showing early bearish confirmation. Market rejected higher levels and is slowly moving down with controlled momentum.
Position size is around $303, with margin of $15, and currently sitting at +29.76% ROI 🔥
Unrealized PNL is about +4.52 USDT.
The key idea here is simple:
As long as price stays below the entry zone and fails to reclaim resistance, downside pressure can continue.
Risk is defined with liquidation around 0.1467, so keeping an eye on volatility spikes.
This is not about chasing big moves — just managing a clean setup with discipline.
Let’s see if momentum continues or if market gives a reversal.
#KITEUSDT #CryptoTrading #FuturesTrading