🔴 $KITE looks strong, but near resistance and overbought RSI can trap late longs. A rejection here offers a clean short scalp.
📌 Trade Call: SHORT 🔴
Entry: 0.187–0.193
Stoploss: 0.20
Targets: 0.181 / 0.177 / 0.165
📊 Technical View:
Price is pressing the swing high zone while RSI sits near overbought. Volume is high but momentum is slowing near 0.19 . If price gets rejected, a pullback toward the 0.181–0.177 fib zone is likely. Bias turns bearish only if 0.19 fails to hold. ⚠️