$KITE BEARISH STRUCTURE HOLDING, LOWER-HIGH PRESSURE STILL IN CONTROL

Short $KITE PAIR

Entry: 0.1322 - 0.1331

SL: 0.1344

TP1: 0.1312

TP2: 0.1302

TP3: 0.1288

After rejecting from 0.1368, KITE rolled into a lower-high structure and price is still sitting under a nearby supply zone, so sellers still have the edge. The current bounce looks more like a weak relief move than a real reversal unless price gets back above 0.1338-0.1344. As long as that area keeps rejecting, the cleaner path is a move back into 0.1312 first and then deeper into the liquidity sitting around 0.1300 and below.

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KITE
KITEUSDT
0.19755
+7.05%