$KITE — Sellers defend key level after clean structural breakdown
Bears have taken control of $KITE on the four-hour chart after price breached former support. The previous base now acts as strong resistance, with repeated rejections showing persistent selling pressure.
🔻 SHORT — sell the retest of the lost support zone
EN 0.11925
TP1 0.10628 · TP2 0.09471 · TP3 0.07644
SL 0.12707
What would cancel it: a strong four-hour candle close above the resistance level.
⚠️ Personal opinion only — not financial advice. DYOR.
👇 Trade
$KITE here
Bears have taken control of $KITE on the four-hour chart after price breached former support. The previous base now acts as strong resistance, with repeated rejections showing persistent selling pressure.
🔻 SHORT — sell the retest of the lost support zone
EN 0.11925
TP1 0.10628 · TP2 0.09471 · TP3 0.07644
SL 0.12707
What would cancel it: a strong four-hour candle close above the resistance level.
⚠️ Personal opinion only — not financial advice. DYOR.
👇 Trade
$KITE here