đ Everyone sees one red candle... Smart traders see a retest.
đš $KITE | High R:R Short Setup
đ Trade Setup (Short)
đŽ Entry: 0.1336 â 0.1340 (Marked supply/retest zone)
đŻ TP1: 0.1285
đŻ TP2: 0.1244
đ SL: 0.1363
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đ„ Why I'm Watching KITE
After an explosive +10% rally, KITE was rejected from a major supply zone around 0.1420, showing signs of buyer exhaustion.
Price is now retesting the 0.1336 resistance zone. If sellers defend this level, the chart favors a continuation toward the marked demand at 0.1244.
đ Key Observations
â Strong rejection from higher-timeframe supply.
â Lower high forming after the rally.
â Short setup offers a favorable risk-to-reward ratio.
â A close above 0.1363 invalidates the bearish idea.
đĄ The best shorts aren't taken after the dumpâthey're taken on the retest. Patience beats FOMO every time.
â ïž This is my personal chart analysis based on the levels marked on the chart. Wait for confirmation and always use proper risk management.
$LAB $EVAA
#KİTE #kiteusdt #writetoearn #cryptotrading #priceaction
đš $KITE | High R:R Short Setup
đ Trade Setup (Short)
đŽ Entry: 0.1336 â 0.1340 (Marked supply/retest zone)
đŻ TP1: 0.1285
đŻ TP2: 0.1244
đ SL: 0.1363
---
đ„ Why I'm Watching KITE
After an explosive +10% rally, KITE was rejected from a major supply zone around 0.1420, showing signs of buyer exhaustion.
Price is now retesting the 0.1336 resistance zone. If sellers defend this level, the chart favors a continuation toward the marked demand at 0.1244.
đ Key Observations
â Strong rejection from higher-timeframe supply.
â Lower high forming after the rally.
â Short setup offers a favorable risk-to-reward ratio.
â A close above 0.1363 invalidates the bearish idea.
đĄ The best shorts aren't taken after the dumpâthey're taken on the retest. Patience beats FOMO every time.
â ïž This is my personal chart analysis based on the levels marked on the chart. Wait for confirmation and always use proper risk management.
$LAB $EVAA
#KİTE #kiteusdt #writetoearn #cryptotrading #priceaction
