$KITE REJECTION AT RESISTANCE – BEARISH MOMENTUM BUILDING 🔥
Entry: 0.1140 – 0.1145 🔥
Target: 0.1125, 0.1100, 0.1074 🚀
Stop Loss: 0.1173 ⚠️
The local high rejection on
$KITE is clear. Buyers failed to sustain momentum above resistance, and the subsequent pullback shows increasing selling pressure on the lower timeframes. A break below the current support near 0.1140 would likely accelerate the move toward the first downside target.
Volume is declining on the bounce, signaling weak buying interest. If the 0.1125 level gives way, the next liquidity zone around 0.1100 becomes the focal point for shorts. Are you positioned for the breakdown or waiting for a retest of the entry range?
Not financial advice. Always manage your risk.
#KITE #ShortSetup #Bearish #Crypto #LiquiditySweep ⚡