$KITE Clear Pullback Setup (BEARISH)
Market Price: 0.1378
🔍 Market Structure:
Kite is showing a clean pullback into resistance.Lower highs + rejection zone = sellers in control. Momentum favors a continuation to the downside 🐻
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📥 Bearish Trade Plan (SHORT)
Entry Zone:
👉 0.1375 – 0.1390 (sell on pullback / rejection)
Take Profit Targets:
🎯 TP1: 0.1335
🎯 TP2: 0.1295
🎯 TP3: 0.1245 📉
Stop Loss:
❌ 0.1415 (above pullback high)
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💡 Trade Notes:
• Trend is bearish — sell rallies, not bottoms
• Secure partials early, trail SL after TP1
• Best for quick pullback profits
⚡ Bias: Strong Bearish
🕒 Timeframe: Short-term / Scalp