$KITE is showing clear signs of exhaustion after failing to break above the 0.0880 resistance zone multiple times, forming a bearish double-top pattern with clear divergence on RSI..........
Sellers have stepped in aggressively on every bounce, and price is now breaking below the ascending trendline support with increasing volume...........
As long as price stays below 0.0830, expect accelerated downside toward the lower liquidity pools......
Trade Setup
Entry Range: 0.0815 – 0.0825
Target 1: 0.0790
Target 2: 0.0765
Target 3: 0.0730
Stop Loss: 0.0845
KITE
0.0846
+2.42%
