#CryptoFamily listen to me carefully…
$KITE is showing clear exhaustion after a strong vertical push and price is now entering a major rejection zone. Buyers are losing momentum near resistance and this setup looks ready for a bearish pullback...🪁📉
Entry Range: 0.2340 - 0.2360
Stop Loss: 0.2405
Targets:
TP1: 0.2280
TP2: 0.2230
TP3: 0.2160
The chart already delivered a sharp impulsive move upward, but now candles are slowing down right below resistance. This kind of structure usually traps late buyers before a correction starts. If sellers maintain pressure below 0.2405, we can expect a clean move toward lower support zones.
Main focus is rejection confirmation around the current range. No need to chase the move aggressively, patience is key here.
Invalidation Level: Strong breakout and hold above 0.2405 will weaken the bearish scenario.
Trade here on $KITE 👇
