🚨 $KITE E /USDT – Eyes on the short-term action!
Price just pulled back to 0.0868 after a strong impulse — and the lower timeframe is showing lower highs, signaling the bulls are losing steam.
Key vibes:
⚡ Multiple rejection wicks from 0.0895–0.0915 → selling pressure is real
⚡ Momentum slowing, sideways action → classic distribution / pullback phase
🔴 Bearish Setup (Primary Bias)
If $KITE can’t reclaim 0.0895+ with volume, a slide is coming:
• Short Entry: 0.0885 – 0.0900
• Targets: 0.0849 → 0.0823 → 0.0790 (liquidity sweep alert)
• Stop: Above 0.0916
🟢 Bullish Scenario (Invalidation)
Only breaks above 0.0916 with volume open the gates for upside: next target 0.0940.
📌 Summary: Corrective / bearish bias dominates for now. Watch resistance for rejection confirmation before jumping in.
$KITE is cooking — patience now could mean catching the next big move! 🚀
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