🚨 KITE IS WEAKENING – SHORTS BEGIN TO GAIN AN ADVANTAGE
$KITE
KITE has dropped nearly 5%, and the current price structure indicates that this is no longer a simple correction but a sign of a weakening trend, where the shorts are clearly at an advantage.
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🔻 1. PRICE BELOW MA – CLEAR DOWNWARD TREND
Price is below MA7 & MA25, and the MA lines are sloping downwards.
→ Any bounce is likely to become a bull trap, suitable for shorting in line with the trend.
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🔻 2. WEAK RSI, NO DIVERGENCE YET
RSI is around 32, close to oversold but no bullish divergence has appeared yet.
→ There is still room for further price declines.
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🔻 3. NEGATIVE MACD – DECREASING MOMENTUM NOT STOPPED
MACD has crossed down and expanded into the negative zone.
→ The probability of another price squeeze is high.
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🔻 4. MONEY FLOW WITHDRAWING
Volume has been gradually decreasing after the previous pump → not accumulation.
When money flows out, shorting is usually safer than trying to catch the bottom.
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🔻 5. LONG-TERM UNLOCK PRESSURE
Token unlock schedule extends to 2027 → persistent supply pressure, weighing on every bounce.
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🧭 CONCLUSION – BEARISH PROBABILITY ~65%
• Losing 0.077 → likely to slip to 0.070 – 0.068
• Bounce zone likely to be shorted: 0.082 – 0.085
• Only if it surpasses 0.090 with high volume will the bearish scenario weaken.
$KITE
KITE has dropped nearly 5%, and the current price structure indicates that this is no longer a simple correction but a sign of a weakening trend, where the shorts are clearly at an advantage.
⸻
🔻 1. PRICE BELOW MA – CLEAR DOWNWARD TREND
Price is below MA7 & MA25, and the MA lines are sloping downwards.
→ Any bounce is likely to become a bull trap, suitable for shorting in line with the trend.
⸻
🔻 2. WEAK RSI, NO DIVERGENCE YET
RSI is around 32, close to oversold but no bullish divergence has appeared yet.
→ There is still room for further price declines.
⸻
🔻 3. NEGATIVE MACD – DECREASING MOMENTUM NOT STOPPED
MACD has crossed down and expanded into the negative zone.
→ The probability of another price squeeze is high.
⸻
🔻 4. MONEY FLOW WITHDRAWING
Volume has been gradually decreasing after the previous pump → not accumulation.
When money flows out, shorting is usually safer than trying to catch the bottom.
⸻
🔻 5. LONG-TERM UNLOCK PRESSURE
Token unlock schedule extends to 2027 → persistent supply pressure, weighing on every bounce.
⸻
🧭 CONCLUSION – BEARISH PROBABILITY ~65%
• Losing 0.077 → likely to slip to 0.070 – 0.068
• Bounce zone likely to be shorted: 0.082 – 0.085
• Only if it surpasses 0.090 with high volume will the bearish scenario weaken.