🚨 $KITE REJECTS KEY SUPPLY ZONE AS INSTITUTIONAL DISTRIBUTION TAKES CONTROL! 🔻
Entry: $0.1390 - $0.1410 🔴
Target: $0.1350 / $0.1300 / $0.1250 🎯
Stop Loss: $0.1440 ⚠️
Smart money supply defense is clearly visible as $KITE taps the $0.1400 - $0.1420 overhead resistance on the 4H timeframe. 📊 Repeated upper wick rejections at this structural pivot signal heavy institutional distribution and order absorption.
With bullish velocity stalling into overhead supply, market structure favors a downside expansion toward sell-side liquidity pools resting around $0.1250. 💡 As long as sellers maintain control of this premium array, lower inefficiency fills remain high probability.
💬 Are you positioning for this downside rebalance, or expecting buyers to attempt a reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #Trading #Crypto #MarketStructure
🐻 🎯
Entry: $0.1390 - $0.1410 🔴
Target: $0.1350 / $0.1300 / $0.1250 🎯
Stop Loss: $0.1440 ⚠️
Smart money supply defense is clearly visible as $KITE taps the $0.1400 - $0.1420 overhead resistance on the 4H timeframe. 📊 Repeated upper wick rejections at this structural pivot signal heavy institutional distribution and order absorption.
With bullish velocity stalling into overhead supply, market structure favors a downside expansion toward sell-side liquidity pools resting around $0.1250. 💡 As long as sellers maintain control of this premium array, lower inefficiency fills remain high probability.
💬 Are you positioning for this downside rebalance, or expecting buyers to attempt a reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #Trading #Crypto #MarketStructure
🐻 🎯
