📉 $KITE SHORTS WIN WHEN BREAKOUTS FAIL THE FIRST RETEST 💣
Entry: 0.1040–0.1050 🔻
Target: 0.1015–0.0990–0.0960 🎯
Stop Loss: 0.1068 ⚠️
🔻 Sellers are stepping in at the retest zone where the first breakout attempt exhausted itself. 📊 Price is rejecting off 0.1040–0.1050, aligning with the previous range high that failed to hold as support — a classic liquidity grab above the highs, now being faded by institutional flow.
⏱️ Patience is the weapon here. The structure favors a grind lower through 0.1015, then 0.0990, with 0.0960 as the deep target if momentum accelerates. 💡 Risk is neatly contained above 0.1068, making this a clean 1:2+ reward scenario for shorts who wait for the retest rather than chase. 💬 Are you fading this breakout or waiting for a confirmation candle below 0.1015? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #Breakout #Crypto #Fade
🐻 📉
Entry: 0.1040–0.1050 🔻
Target: 0.1015–0.0990–0.0960 🎯
Stop Loss: 0.1068 ⚠️
🔻 Sellers are stepping in at the retest zone where the first breakout attempt exhausted itself. 📊 Price is rejecting off 0.1040–0.1050, aligning with the previous range high that failed to hold as support — a classic liquidity grab above the highs, now being faded by institutional flow.
⏱️ Patience is the weapon here. The structure favors a grind lower through 0.1015, then 0.0990, with 0.0960 as the deep target if momentum accelerates. 💡 Risk is neatly contained above 0.1068, making this a clean 1:2+ reward scenario for shorts who wait for the retest rather than chase. 💬 Are you fading this breakout or waiting for a confirmation candle below 0.1015? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #KITE #ShortSetup #Breakout #Crypto #Fade
🐻 📉