Bearish Setup: KITE Eyeing Short Entry
KITE is hitting resistance in the 0.142–0.145 area following its recent sharp upward move. A short trade setup is on the radar if the price pushes higher and gets rejected again.
Short Entry: 0.1390 – 0.1410
Take-Profit 1: 0.1370
Take-Profit 2: 0.1350
Take-Profit 3: 0.1335
Stop-Loss: 0.1438
A clear rejection at the resistance level will confirm the downside momentum. Execute trades based on confirmation.
$KITE
$KAT
$XRP
#CFTCSeeksToDismissCMEMotionInPerpFutures #SolanaFallsOver3% #SaudiSaysIranAttackedShipInHormuz
KITE is hitting resistance in the 0.142–0.145 area following its recent sharp upward move. A short trade setup is on the radar if the price pushes higher and gets rejected again.
Short Entry: 0.1390 – 0.1410
Take-Profit 1: 0.1370
Take-Profit 2: 0.1350
Take-Profit 3: 0.1335
Stop-Loss: 0.1438
A clear rejection at the resistance level will confirm the downside momentum. Execute trades based on confirmation.
$KITE
$KAT
$XRP
#CFTCSeeksToDismissCMEMotionInPerpFutures #SolanaFallsOver3% #SaudiSaysIranAttackedShipInHormuz
