$KITE /USDT SHORT Setup (Range Top Rejection)

Trade Plan

Entry: $0.156 – $0.159

Stop Loss: $0.164

Take Profits

TP1: $0.150

TP2: $0.144

TP3: $0.138

trade here $KITE

KITE
KITEUSDT
0.12853
-1.79%

Why this setup

Price struggling near $0.157 – $0.158 → clear resistance zone

Weak momentum after small pump (+12%)

Multiple rejections near highs → sellers defending

Likely pullback toward mid-range support

Alternative (Bullish Scenario)

If price breaks and holds above $0.164, bullish continuation possible → avoid shorts

Strategy Tip

Wait for rejection wick or fake breakout before entering

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