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$KITE /USDT: Bearish Rejection! Time to Short? 📉💎
$KITE touched its major resistance at $0.168 but failed to hold. After a long wick rejection, price is now dropping 📉🐂 The trend change signal is clear! 💥
📊 Technical Highlights:
✨ Major Rejection: Rejected at $0.16810, now trading around $0.153 — sellers in control 🔥
📉 Lower Highs: 1H chart shows a lower peak — bearish momentum confirmed 🔄
💥 Volume: Sell volume is building, buyers losing strength 📊
💎 Short Trade Setup:
🔴 Entry: $0.153–$0.155 (best short entry zone) ⚡
🎯 Target 1: $0.140 🚀
🎯 Target 2: $0.120 (Blue line major support) 🌙
🛑 Stop Loss: $0.164 🛡️
⚠️ Note: Chances of market correction have increased 🔥
Have you opened your short position or waiting? Share in the comments! 👇📊
🐋 Tip: A break below $0.150 psychological level could accelerate the drop — keep booking profits! ✨
#KITE #ShortTrade #bearish $KITE 🚀