$KITE Sellers taking the lead!

$KITE Short

Entry: 0.2442 - 0.2500

Targets: 0.2350, 0.2280, 0.2200

SL: 0.2620

Leverage: 5x to 10x (Isolated)

Reason:

Currently, 69 whales are in profit on their short positions, while 93 buyers are trapped in losses.

The net sell volume is significantly higher than the buy volume in the last 30 minutes.

The price is down 3.55%, and with buyers losing money, we expect further liquidations to push the price down.

Will $KITE find a floor soon or is it heading for a deeper correction?