$KITE REJECTS KEY SUPPLY โ SHORT FROM 0.137-0.141 ๐ฅ
Entry: 0.137 - 0.141 ๐ฅ
Target: 0.132 ๐
Stop Loss: 0.151 โ ๏ธ
Price has rallied back into a supply zone that previously capped upside. The move appears corrective within a broader bearish structure โ momentum is fading as sellers defend this resistance. Liquidity remains stacked beneath recent swing lows, making a sweep and reversal increasingly likely.
Volume on the 1H chart is declining as price approaches resistance, a classic divergence that often precedes a turn. Are you shorting this level or waiting for confirmation?
Not financial advice. Always manage your risk.
#KITE #ShortSetup #SupplyZone #Crypto
๐ฅ
Entry: 0.137 - 0.141 ๐ฅ
Target: 0.132 ๐
Stop Loss: 0.151 โ ๏ธ
Price has rallied back into a supply zone that previously capped upside. The move appears corrective within a broader bearish structure โ momentum is fading as sellers defend this resistance. Liquidity remains stacked beneath recent swing lows, making a sweep and reversal increasingly likely.
Volume on the 1H chart is declining as price approaches resistance, a classic divergence that often precedes a turn. Are you shorting this level or waiting for confirmation?
Not financial advice. Always manage your risk.
#KITE #ShortSetup #SupplyZone #Crypto
๐ฅ