$KITE Under Pressure – Is a Reversal Coming? 📉
$KITE is currently trading around 0.1888, down nearly 16%, after rejecting the 0.2150 level and sliding to a 24H low near 0.1836. The chart shows strong bearish momentum with consecutive red candles, but recent small green candles hint at a possible short-term bounce. If buyers step in, a relief rally could test nearby resistance levels.
Trade Setup 📊
Entry (Scalp Buy): 0.1850–0.1900
Take Profit (TP): 0.2050 / 0.2150
Stop Loss (SL): 0.1780
Stay cautious — trend is bearish, so manage risk carefully.