๐จ $KITE HITS A BRICK WALL AT RESISTANCE AS BEARS EYE A SHARP FLIP! ๐
Entry: 0.1333 - 0.1340 โก
Target: 0.1293 ๐ฏ
Stop Loss: 0.1382 ๐
๐ $KITE printed a 5.13% push over the last 24 hours, but buyers are running straight into heavy supply near the 0.1365 ceiling. Exhaustion is creeping into this advance as bid depth begins to thin out across order books.
๐ A decisive breakdown below 0.1320 shifts market structure immediately, clearing the runway for sellers toward the 0.1293 liquidity pocket and potentially 0.1268. ๐ก The invalidation sits clean above 0.1382 where the short thesis neutralizes.
๐ฌ Are you leaning into this resistance rejection or waiting for 0.1320 to crack first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KITE #ShortSetup #Altcoins #CryptoTrading
๐ฏ ๐
Entry: 0.1333 - 0.1340 โก
Target: 0.1293 ๐ฏ
Stop Loss: 0.1382 ๐
๐ $KITE printed a 5.13% push over the last 24 hours, but buyers are running straight into heavy supply near the 0.1365 ceiling. Exhaustion is creeping into this advance as bid depth begins to thin out across order books.
๐ A decisive breakdown below 0.1320 shifts market structure immediately, clearing the runway for sellers toward the 0.1293 liquidity pocket and potentially 0.1268. ๐ก The invalidation sits clean above 0.1382 where the short thesis neutralizes.
๐ฌ Are you leaning into this resistance rejection or waiting for 0.1320 to crack first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KITE #ShortSetup #Altcoins #CryptoTrading
๐ฏ ๐