⚠️ Currency $KITE is facing a critical test: either break the trend… or another merciless fall?
Conditional recommendation:
Conditional sell when the price reaches the area of 0.090 – 0.095
Provided that the breakout fails and a clear rejection candle appears (upper wick / bearish engulfing)
Stop loss: clear close above 0.105
Targets:
First target: 0.080
Second target: 0.070
Extended target: 0.060
Important note: Any real breakout of the downtrend with a hold above 0.10 completely cancels the selling scenario and shifts the trend to corrective bullish.
This is an educational technical analysis, the final decision is your responsibility.
KITEUSDT
Perp
0.08613
-4.49%