$KITE 8h Setup Still Favors Sellers Below Key Resistance

LIMIT ORDER

$KITE SHORT SELL

ENTRY: 0.1667–0.1682

TP1: 0.1611

TP2: 0.1440

SL: Above 0.1687

Market Outlook (8h)

The structure remains bearish with price pressing new lows below the 0.1687 resistance level. The short setup is based on rejection from the 0.1667–0.1682 area, with downside targets at 0.1611 and potentially 0.1440 if bearish momentum continues.

KITE
KITEUSDT
0.16432
-2.24%