🚨 $KITE REJECTS HEAVY RESISTANCE AS BEARS SEIZE MOMENTUM FOR A SHARP CORRECTION! 📉
Entry: 0.1358 - 0.1368 🔥
Target: 0.1340, 0.1320, 0.1280 🎯
Stop Loss: 0.1390 🛑
📌 The violent tap and rejection at 0.1420 proved that overhead supply is relentless, trapping late breakout buyers at the highs. 📊 Aggressive sellers have seized control, wiping out the rally and forcing order flow back into defensive positioning.
💡 A clean breakdown below 0.1350 will likely trigger an unwind toward deeper demand pockets as trailing stops get swept. 💬 Are you leaning into this short execution or waiting to bid the lower support levels? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #CryptoTrading #PriceAction
🎯 📉
Entry: 0.1358 - 0.1368 🔥
Target: 0.1340, 0.1320, 0.1280 🎯
Stop Loss: 0.1390 🛑
📌 The violent tap and rejection at 0.1420 proved that overhead supply is relentless, trapping late breakout buyers at the highs. 📊 Aggressive sellers have seized control, wiping out the rally and forcing order flow back into defensive positioning.
💡 A clean breakdown below 0.1350 will likely trigger an unwind toward deeper demand pockets as trailing stops get swept. 💬 Are you leaning into this short execution or waiting to bid the lower support levels? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #CryptoTrading #PriceAction
🎯 📉